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BRIEF-Biological fermented products maker Meihua's 2013 net profit down 33 pct
March 7, 2014 / 11:18 AM / 4 years ago

BRIEF-Biological fermented products maker Meihua's 2013 net profit down 33 pct

March 7 (Reuters) - Meihua Holding Group Co Ltd

* Says prices for biological fermented products likely to stay weak as competition remains fierce

* Says 2013 net profit down 33.6 percent y/y at 403.7 million yuan ($65.98 million)

Source text for Eikon: link.reuters.com/kyt47v

Further company coverage: ($1 = 6.1185 Chinese yuan) (Reporting by Hong Kong and Singapore newsrooms)

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