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China Guide

Monday
Nov 10th
Home arrow China Headline arrow Q4 profit jumps
Q4 profit jumps
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Want Want Holdings Ltd, a Singapore-listed maker of rice crackers and sweets, said yesterday fourth-quarter profit rose 18 percent, helped by higher sales in China.

It also said increasing costs may hurt profit margins. Net income rose to US$46.7 million, or 3.62 cents a share, from US$39.5 million, or 3.06 cents, a year earlier, the company said. For the year, profit rose 13 percent to US$128.4 million.


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