Strong Q1 performance for Richina Pacific
21/05/2001
New Zealand-based Richina Pacific – owner of leather processing businesses in both New Zealand and Shanghai - has made a "sound start" to the year, managing director Richard Yan told the annual meeting last week.
He said performance for the first quarter, to March 31, was ahead of last year and put the company on target to improve on last year's annual result. The company, which also owns domestic property, the construction company Mainzeal, and an aquarium in Beijing - made NZ$4.7 million (US$2 million) last year.
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