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Anji Foodstuff posts Q1 profit

Anji Foodstuff Co. Ltd. said its normalized net income for the first quarter amounted to 7.4 million yuan.

Normalized net income excludes unusual gains or losses on a pre- and after-tax basis.

The normalized profit margin was 14.6%.

Total revenue totaled 56.5 million yuan, and total operating expenses totaled 45.2 million yuan.

Reported net income came to 11.1 million yuan, or 12 fen per share.

As of June 25, US$1 was equivalent to 6.21 yuan.