Huiyuan Juice

Huiyuan Juice may sell loss-making factories

Huiyuan Juice hopes to raise its gross profit margin from 28 per cent to up to 35 per cent within three years. Photo: Bloomberg

China Huiyuan Juice plans to sell some loss-making factories to raise its profitability to the industry average, though it expects double-digit percentage growth in revenue for the next few years.

Friday, 5 July, 2013, 5:16am

Juice brand's sweetheart deal gives shareholders bitter laugh

Huiyuan: top brand, low profit

Zhu Xinli, owner of Huiyuan Juice, once quipped: "I'm very good at making money." For the minority shareholders of the mainland's top juice brand, that would sound like a bitter joke. More so, because it is at their expense.

1 Jun 2013 - 4:57am

'State-sponsored' Chinese hackers blamed for Coca Cola cyberattack

Coca-Cola fell victim to cyberattacks in 2009. Its bid to take over the biggest fruit juice firm in China was eventually canned. Photo: Bloomberg

FBI officials quietly approached executives at Coca-Cola in March 2009 with some startling news.

6 Nov 2012 - 3:49pm

Market opener: BYD in focus as 1H earnings tumbles 94%

29 Aug 2012 - 3:05pm

Reporting this week

Today Interim: Anhui Conch Cement, Harbour Centre Development, Longfor Properties, Maoye Int'l Holdings

15 Aug 2011 - 12:00am

US and China sign pact on acquisition deals

China and the United States took a step yesterday towards co-operating on the oversight of cross-border merger and acquisition deals.

Both countries signed a memorandum of understanding to increase communication on competition laws and enforcement.

28 Jul 2011 - 12:00am

Market calls

The mainland consumer sector is an area of keen interest among analysts. The sector has been a long-term beneficiary of economic growth, which has translated into rising disposable income for a generation of shoppers hungry for high-margin luxury items.

16 May 2011 - 12:00am

Huiyuan profit slumps 86pc to 88.9m yuan

China Huiyuan Juice Group reported net profit fell 86.11 per cent to 88.94 million yuan (HK$100.89 million) last year from 2007. The result was hurt by a drop in the fair value of the conversion rights of the firm's convertible bonds amid a slump in the stock.

15 Apr 2009 - 12:00am

Huiyuan targets larger market share

China Huiyuan Juice Group, the country's biggest pure juice and nectar maker, aims to become the top juice beverage producer in three years after a recently launched product received positive feedback.

2 Apr 2008 - 12:00am

Tough childhood gives Zhu resolve to succeed

Huiyuan boss chooses entrepreneurship to serve society

Zhu Xinli could have continued leading a very comfortable and easy life if he had not quit his government job 16 years ago.

But the son of a poor farming family from Shandong province decided he wanted more than a guaranteed 'iron rice bowl' for life and needed to prove his ability as an entrepreneur.

4 Feb 2008 - 12:00am

Andre Juice posts 18-fold jump in net profit on harvest recovery

Yantai North Andre Juice, the world's largest producer of apple juice concentrate, said its first-half net profit jumped 18 times to 60.5 million yuan as the company had recovered from a poor apple harvest.

7 Aug 2007 - 12:00am

Sporting chance: China puts the wind in its sales

America's Cup tilt highlights growing marketing appeal of top-level sport for mainland companies

China Huiyuan Juice Group is going from stock market to sports team in a bid to build an international brand, and many other companies are doing the same thing, attracted to China's nascent but growing sports marketing business.

2 May 2007 - 12:00am

Huiyuan Juice reports 106pc jump in earnings

Tax breaks, cost cutting offset gross margin fall

China Huiyuan Juice Group, the nation's largest fruit juice maker, posted a 106 per cent jump in net profit last year after tax breaks and cost cutting offset a decline in gross margin.

25 Apr 2007 - 12:00am

Huiyuan sets the pace with 66pc surge on debut

In a day of contrasts, China Huiyuan Juice Group made the strongest listing debut of the year while China Properties was the first new issue of 2007 to sink below its offer price, as investors chased mainland consumption plays but punished poor governance.

24 Feb 2007 - 12:00am

Hong Long soars 23.8pc in Year of the Pig's first listing

Shares in mainland developer Hong Long Holdings gained 23.89 per cent on their trading debut while China Huiyuan Juice Group shares are expected to jump more than 50 per cent today as they begin trade, reflecting investors' bullishness towards new listings after the Lunar New Year holiday.

23 Feb 2007 - 12:00am