Zixin Group (SGX:42W) expects to book a significantly higher net profit for the fiscal year ended March 31, as compared to a year ago, according to a filing with the Singapore Exchange on Tuesday.
The company has attributed this to an increase in sales and volumes of fresh sweet potatoes, sweet potato processed products, and sweet potato seedlings.
The company will release its results by May 30.
Shares of the sweet potato distributor were up over 3% in recent trading.
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