Foshan Haitian, China’s largest seasoning and soy sauce manufacturer, recorded profits of RMB5.3 billion (US$750 million) in FY19, up 22.64% from the year before, and insists it is on target to top that by RMB1 billion (US$140mn) this year despite the...
The Chinese population’s growing affluence is offering opportunities for premium and healthier products, says the CEO of the China Food Company (CFC) Plc, as the company posts better than expected revenues.