China Yurun Food H1 Turnover Up 49%

China Yurun Food Group recorded a turnover of HK$8.6bn ($1.1bn) in the first half of 2010, a 49% increase over the same period last year.

The group’s gross profit reached HK$1.3bn ($167m), an increase of 37.8%.

China Yurun said its profit margin decreased to 15.5% from 16.7% in the same period in 2009.