Zhangzidao Greatly Improves its Performance over the Past Year
SEAFOODNEWS.COM [Finance.sina] Translated by Amy Zhong March 8, 2017
Zhangzidao has recently released some new financial information, which although audited internally, has not been audited by outside firms yet. The company is recovering from a problem of misstating its finances several years ago.
As the statistics show, Zhangzidao’s revenue is 3.052 billion yuan during 2016. It rises by 11.92% from that of the previous year. And the net profit attributable to shareholders balloons by 132.76% to reach 79.5934 million yuan. It has reversed the situation and begun to earn money again. And its equity attributable to shareholders raises by 21.14% to reach 1.073 billion yuan on December 31, 2016...
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