This info is interesting, for those who have stated the cooking oil market is "saturated", "unprofitable", "low margins", etc. Chongqing Red Dragonfly is one of the Chinese companies included in this comprehensive and costly study:
"In recent years, the output and consumption volume of edible vegetable oil keeps rising. The operating income of edible oil industry in China rocketed from RMB236.2 billion to RMB532.3 billion during 2006-2010, with a CAGR of 22.5%; the total profit nearly tripled from RMB6.5 billion to RMB19.2 billion with a CAGR of 30.9%."
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