Consumer China
Zhongpin (HOGS:Nasdaq)
- Published 14 Jan 2010
The fresh pork specialist is set to benefit from pig price inflation.
Background:Zhongpin (HOGS:Nasdaq) is chiefly a meat company that runs farming, slaughtering, processing and retailing operations. Fresh meat accounts for more that 80% of the company's revenues, while 15% comes from meat processing. Fruit and vegetable sales make up the remaining 5% of revenues. Zhongpin has eight fresh meat processing plants and three meat product processing plants across China.
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