New Hope Liuhe puts Sichuan quake losses at 25m yuan

China’s New Hope Liuhe, majority-owned by influential entrepreneur Liu Yonghao, said on Monday it had suffered property losses worth about 25 million yuan (HK$31.1 million) in Saturday’s earthquake.

The losses included damage to the feed producer’s headquarters in Chengdu and to properties of more than 10 of its units in nearby areas, the company said in a statement published by the Shenzhen Stock Exchange.

via Business feed http://www.scmp.com/business/companies/article/1220632/new-hope-liuhe-puts-sichuan-quake-losses-25m-yuan