On 9 Sept., 2015, a subsidiary of Quantum Hi-Tech (China) Biological Co., Ltd. (QHT), Guangdong Quantum Hi-tech Microflora Health Industry Co., Ltd., announced that from 10 Sept. onwards it will launch new-package products and raise the prices of its Oligo products, by 50%. In detail, the price of single-package Oligo is adjusted from USD10.4/box to USD15.5/box; that of three-package one from USD31.1/(three boxes/case) to USD46.6/(three boxes/case); that of family-package from USD186.4/case to USD279.6/case.
On 14 Aug., 2015, Quantum Hi-Tech (China) Biological Co., Ltd. (QHT) published a notice saying that its revenue and net profit in the first half of 2015 increased by 19.9% and 34.6% year on year respectively. There were two driving forces behind the good performance of the company: on one hand, based on consolidating its current client channel and resources, it kept marketing its products and brands as well as exploring new application fields; on the other hand, it strengthened promotion of its new products and further perfected its on-line and off-line marketing channels.
On 17 April, 2015, Quantum Hi-Tech (China) Biological Co., Ltd. (QHT) published its 2014 annual report, according to which the company’s growths in revenue and net profit were 9.5% and 2.4% respectively, mainly attributed to the increasing sales volume.
Recently, Quantum Hi-Tech (China) Biological Co., Ltd. (QHT), a key player in the domestic functional sugar market, released its Q3 2014 report. According to it, the company’s net profit in the first three quarters of 2014 was USD5,439,756, up by 7.69% year on year. Its third quarter 2014 net profit even went up by 35.02% year on year.
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