Poultry,Fish Feed Producer Reports 36%Net Income Growth in 2010

C hina'sanimalfeed producerGuangdong Haid Group reported a net income growth of 36%,to RMB210million(US$32.2 million)for 2010.

Haid sold 2.38 million tons of animal feed in 2010,including 1.32 million tons of poultry feed and 1.06 million tons of fish feed.In addition,said Haid,company revenue from southern China rose 34.74%,accounting for 68.93%of Haid Group’s total revenue in 2010.Revenue from eastern and centralChinarose87.7%and 78.81%,respectively.

Thecompany'sfutureplans includeincreasingannualfeed production capacity by one million tons in order to expand its market share.