United Food Holdings Limited Provides Earnings Guidance for the First Quarter Ended March 31, 2016
United Food Holdings Limited provided earnings guidance for the first quarter ended March 31, 2016. Based on a preliminary review of the unaudited financial results of the company and its subsidiaries for the first quarter ended March 31, 2016, the Board of Directors expects a loss for first quarter of 2016. The Group's loss is mainly due to the stoppage of soybean production and a gross loss in animal feed products.