Sino Agro Food Inc (fka SIAF)

[treit2002]

JV sells a head of cattle to the whole sale market for x$ then the whole sale market sales the same head for 1,5x$.

Yes, but that says nothing about retail inflation. There are already supply chains.

Fact is, SIAF can sell the same fish as many as four times: open dam to fish farm (for grow out); fish farm to WSPS; WSPS to retail or restaurant; retail or restaurant to consumer.

Each stage creates new revenue, each with a different profit margin.

That's the Sino Agro food chain, or vertical integration.