Chinese ginger producer expects over 25% in gross profit margins

Ginger producer in China Man Shing Agricultural Holdings has reported strong quarterly results in their 10-Q filing last week.

The company, with operations based in Shandong province, exports high-quality ginger to high-margin markets Europe, Japan and North America.

The company expects to sustain gross profit margins of over 25% and net profit margins of around 20% on low production costs, efficient land management and a high-quality, high-margin strategy.

It says it is well on track to achieve the targeted 50% year on year net profit growth projected for the next three years.