Zhou Hei Ya (HKG:1458) expects a profit of between 90 million yuan and 113 million yuan for the six months ended June 30, up 55% to 95% from 58 million yuan a year prior, a Friday Hong Kong bourse filing said.
The meat products manufacturer attributed the anticipated rise in profit mainly to an increase in average sales per store, as well as lower raw material costs leading to a higher gross profit margin.
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