One of China's largest feed producers, with a big stake in the aquaculture sector, has predicted substantial gains in its first quarter and says tariff policies will have little impact on the feed supply chain.
Guangdong Haid Group has forecast a 39 to 51 percent year-on-year increase in net profit to between CNY 1.2 billion (€149 million/$165 million) and CNY 1.3 billion (€161 million/$178 million) for the first three months of the year, it said in an announcement to the Shenzhen Stock Exchange.