Replies to post #70035 on Sino Agro Food Inc (fka SIAF)

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Shrimp News -

Avanti Feeds has zoomed 16% to Rs 1,148, also its record high on National Stock Exchange (NSE), after reporting a robust 80% year-on-year (yoy) jump in net profit at Rs 25.62 crore for the quarter ended June 30, 2014 (Q1), on back of strong operational income. The company had profit of Rs 14.23 crore in the same quarter year ago.

Total income from operations for the quarter grew 76% to Rs 478 crore against Rs 271 crore in the corresponding quarter of previous fiscal.

Avanti Feeds is the leading manufacturer of prawn and fish feeds and shrimp processor and exporter from India.

http://www.business-standard.com/article/markets/avanti-feeds-zooms-16-on-robust-q1-earnings-114080400260_1.html