China's biggest aquaculture feed producer Guangdong Haid Group predicts rocketing profits in the first half of 2025 on the back of booming foreign exports.
The company, which also produces feed for the poultry and swine industries, estimates its net profit in the first six months of 2025 grew between 18 and 32 percent to between CNY 2.5 billion (€298.4 million/$348.6 million) and CNY 2.8 billion (€334.3 million/$390.5 million).
Haid's feed sales by volume grew around 26 percent to 13.7 million metric tons, according to a Shenzhen Stock Exchange update from the company.
