Sino Grandness Food Industry Group

Results

Sino Grandness Food reports 58% drop in 1H19 earnings to $15.2 mil

SINGAPORE (Sept 15): Sino Grandness Food Industry Group reported 1H19 ended June earnings of RMB78.4 million ($15.2 million), down some 58% from a year ago.

Equity raising

Sino Grandness selling 170 mil new shares at 4 cents each to JW Capital

SINGAPORE (Mar 25): Sino Grandness Food Industry has entered into a placement agreement to sell 170 million new shares to JW Capital Group at 4 cents each for 6.8 million.

Update

Sino Grandness to service $28.7 mil debt using dividends from China

SINGAPORE (Feb 7): Sino Grandness Food Industry Group says it is currently preparing to repatriate funds back from China, by way of dividend, amid ongoing negotiations with Soleado Holdings to extend the repayment of $28.7 million owed.

Management & Corporate Governance

Sino Grandness says served with $28.7 mil letter of demand by lender

SINGAPORE (Jan 16): Sino Grandness Food Industry Group, the producer and distributor of branded juices and canned fruits and vegetables, has revealed that it was served with a letter of demand on Jan 8 totalling $28.73 million.

Management & Corporate Governance

Sino Grandness asks for trading halt pending annnouncement after SGX query on 12.7% fall

SINGAPORE (Jan 14): Sino Grandness Food Industry Group, the canned fruits and vegetables producer, has called for a trading halt pending an announcement.

Results

Sino Grandness rolls out own-branded products in Meiyijia, Meiyiduo outlets across China

SINGAPORE (June 29): Sino Grandness Food Industry Group has expanded its distribution network further in the China market with its own-branded products, namely across Meiyijia convenience stores and Meiyiduo supermarkets in China.

Results

Sino Grandness posts 18.3% drop in 1Q earnings to $9.1 mil

SINGAPORE (May 15): Sino Grandness Food Industry Group saw its earnings fall 18.3% to RMB 43.1 million ($9.1 million) for the 1Q ended March, from RMB 52.8 million a year ago.

Results

Sino Grandness swings back to profitability in 4Q on higher sales and forex gains

SINGAPORE (Feb 27): Sino Grandness Food Industry Group returned to profitability in 4Q17, posting earnings of RMB 4.86 million ($1.01 million), compared to a loss of RMB 106.0 million in 4Q16.

Sino Grandness sets up fruits and veggies production subsidiary in Anhui, China

SINGAPORE (Dec 22): Sino Grandness Food Industry Group has incorporated a wholly-owned subsidiary in Anhui, China.

Results

Sino Grandness' 3Q earnings up 16.3% to $39.6 mil

SINGAPORE (Nov 10): Sino Grandness Food Industry Group posts a 16.3% rise in 3Q earnings to RMB 193.3 million ($39.6 million), from RMB 166.2 million a year ago.
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