Sino Grandness Chart Support and Resistance

Sino Grandness converted into a public company limited on 12 November 2009 and changed its name to Sino Grandness Food Industry Group Limited.

The company manufactures and distributes canned vegetables and fruits into Europe, North America, and Asia. In 2010, the company started launching its own-branded bottled fruit and vegetable juice products under the Garden Fresh brand. Based on Sino Grandness’ own account, it is now one of the leading brands for loquat fruit juice in China and one of the top exporters of canned asparagus, long beans, and mushrooms from China.

*Share Split 2 for 1 on 27/09/2013

4 Jan 2017

Aug 2016

1H16 beverage segment revenue up by 28.0% to RMB1,341.5m.
1H16 domestic canned products revenue increased by 21.8% to RMB213.3m.

2Q16 net profit up 25.0% to RMB157.7m on record quarterly sales.
1H16 gross profit up 22.9% to RMB768.2m from RMB625.2m.
Cash and cash equivalents increased to RMB587.3m as at 30 June 2016 compared to RMB143.0m as at 31 December 2015.