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Fishing & Farming

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Limoneira reports Q2 EPS $0.24

Thursday, 8 Jun 2017 04:05pm EDT

June 8 (Reuters) - Limoneira Co :Q2 earnings per share $0.24.Q2 revenue rose 35 percent to $37 million.Sees Q2 2017 earnings per share $0.51 to $0.55.Company raises fiscal year 2017 earnings guidance range.Fiscal year 2017 ebitda is expected to be in range of $21.7 million to $22.2 million.Expects operating income for fiscal year 2017 to be in a range of approximately $14.7 million to $15.2 million.Sees FY 2017 earnings per share $0.51 to $0.55.Continues to expect to sell between 3.1 million and 3.5 million cartons of fresh lemons at average price per carton of approximately $23.00 in FY 2017.Company expects to sell approximately 6.0 million to 6.5 million pounds of avocados at an average price per pound of $1.50 in FY 2017.

Grieg Seafood and Norway Royal Salmon to jointly secure smolt production in Finmark

Tuesday, 16 May 2017 02:00am EDT

May 16 (Reuters) - Grieg Seafood Asa and Norway Royal Salmon :Have joined forces to ensure smolt capacity in Finnmark by entering as owners of Nordnorsk Smolt as with 50 per cent each.Says the plant has a production capacity of 800 tonnes per year, corresponding to an annual production of about 3.2 million fish weighing 250 grams.Transaction values company at an enterprise value (ev) of approximately NOK 100 million.Says the acquisition will "ensure good access to big smolt which will contribute to better production optimization and shorter production time in sea".Says the investment is in accordance with companies' strategy to strengthen smolt production.

Grieg Seafood and Norway Royal Salmon to jointly secure smolt production in Finmark

Tuesday, 16 May 2017 02:00am EDT

May 16 (Reuters) - Grieg Seafood Asa and Norway Royal Salmon :Have joined forces to ensure smolt capacity in Finnmark by entering as owners of Nordnorsk Smolt as with 50 per cent each.Says the plant has a production capacity of 800 tonnes per year, corresponding to an annual production of about 3.2 million fish weighing 250 grams.Transaction values company at an enterprise value (ev) of approximately NOK 100 million.Says the acquisition will "ensure good access to big smolt which will contribute to better production optimization and shorter production time in sea".Says the investment is in accordance with companies' strategy to strengthen smolt production.

Shanghai's SASAC to transfer stake in Kaichuang Marine's parent Shanghai Fisheries

Friday, 12 May 2017 08:31am EDT

May 12 (Reuters) - Shanghai Kaichuang Marine International Co Ltd <600097.SS>:Says Shanghai's State-owned Assets Supervision and Administration Commission (SASAC) to transfer its entire stake in Shanghai Fisheries Group Co to Bright Food (Group) Co.Says Shanghai Fisheries Group Co will become Bright Food's unit after restructuring, but no change in controlling shareholder.

Winall Hi-tech Seed's shares to halt trade pending asset restructuring plan

Thursday, 11 May 2017 07:51am EDT

May 11 (Reuters) - Winall Hi-tech Seed Co Ltd <300087.SZ>:Says its shares to halt trade on May 12 pending asset restructuring plan.

Baywa Q1 EBIT swings to profit of 8.0 million euros

Thursday, 11 May 2017 01:43am EDT

May 11 (Reuters) - BAYWA AG :Q1 REVENUES EUR 3.8 BILLION VERSUS EUR 3.5 BILLION YEAR AGO.Q1 EBIT AT EUR 8.0 MILLION VERSUS LOSS OF EUR 12.4 MILLION YEAR AGO.IS OPTIMISTIC THAT GROUP WILL BE ABLE TO ACHIEVE ITS TARGETS FOR THE YEAR, PROVIDED THAT NO NEGATIVE INFLUENCES ARE EXERTED ON BUSINESS BY EXCEPTIONAL WEATHER CONDITIONAS AND MARKET DEVELOPMENTS.

Guangdong Haid Group sees H1 2017 net profit up 10-50 pct

Thursday, 27 Apr 2017 01:31am EDT

April 27 (Reuters) - Guangdong Haid Group Co Ltd <002311.SZ>: :* Sees net profit for H1 2017 to increase by 10 percent to 50 percent, or to be 423.0 million yuan to 576.8 million yuan, compared to net profit of the same period in 2016 (384.6 million yuan).* Comments that increased sales of fodder business is the main reason for the forecast.

Innovation Medical Management sees H1 2017 net profit up 9.1-26.6 pct

Tuesday, 25 Apr 2017 05:02am EDT

April 25 (Reuters) - Innovation Medical Management Co Ltd <002173.SZ>: :* Sees net profit for H1 2017 to increase by 9.1 percent to 26.6 percent, or to be 62 million yuan to 72 million yuan, compared to net profit of the same period in 2016 (56.9 million yuan).* Comments that increased sales of medical treatment and health business, as well as decreased loss of pearl culture business are the main reasons for the forecast.

Beijing Dabeinong Technology Group sees H1 2017 net profit up 40-70 pct

Wednesday, 19 Apr 2017 11:49pm EDT

April 20 (Reuters) - Beijing Dabeinong Technology Group Co Ltd <002385.SZ>: :* Sees net profit for H1 2017 to increase by 40 percent to 70 percent, or to be 515.2 million yuan to 625.6 million yuan, compared to net profit of the same period in 2016 (368.0 million yuan).* Comments that increased sales of fodder and vaccine business, as well as decreased business operation expenses are the main reasons for the forecast.

Digital China Group to swing to profit in Q1 FY 2017

Monday, 17 Apr 2017 04:03am EDT

April 17 (Reuters) - Digital China Group Co ltd <000034.SZ> ::* Sees to swing to net profit at 84 million yuan to 86 million yuan in Q1 FY 2017 versus net loss at 5.9 million yuan year ago.* Says accomplishment of acquisition for IT distribution business as main reason for the forecast.

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