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Angel posted the net profit of 847 million in 2017, a new high

March 19th

By C.YP

With the development of business in baking, food ingredients, condiments, health care products, Angel Company business achieved a new high, with the net profit of 847 million, in the 2017.

On March 15th, Angel Yeast Company posted on its annual report that Angel Company has achieved a revenue of 5.78 billion yuan in 2017 with year-on-year growth of 18.83%, among which the net profit belong to public shareholders is 847 million, an increase of 58.33% year on year.

The financial report shows that this business performance is driven by remarkable efficiency of market development, continuously expansion to products application and the increase of sales volume. The company has sound business growth in the business of baking, food ingredients, condiments, health products, animal health and white sugar. The productive efficiency increases steadily and the competitive capacity appears gradually, among which the business of health products grows with a high speed and the management ability increases significantly.

About Angel:
Angel Yeast Company is a high-tech listed company specializing in yeast and biotech. Product business covers Yeast and Baking, Yeast Extract-Savoury, Nutrition & Health and Biotechnology fields. It is one of the world's leading companies in the yeast industry. Angel has 12 holding subsidiaries and provides products and services for more than 150 countries and regions.
 
 
Press contact:
ANGEL YEAST CO.,LTD
Address: 168 Chengdong Avenue, Yichang, Hubei 443003, P. R.China
Tel:    +86-717-6369520, 6369558
Fax:   +86-717-6370680
email: aie@angelyeast.com
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