Domestic MSG Industry Suffers a Lower Profit Level in 2011
Based on the 2011 annual report of Meihua Holdings Group Co., Ltd. (Meihua Group) and the Announcement of Annual Results for the Year Ended 31 Dec. 2011 of Fufeng Group Limited (Fufeng Group), top 2 monosodium glutamate (MSG) producers in China, as well as CCM International's latest report, Production and Market of Monosodium Glutamate (MSG) in China, published in Feb. 2012, it's found that China's MSG industry suffered a lower profit level in 2011 than 2010, majorly due to the...
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