How much money did aquatic feed manufacturers make in 2008?

2008 was a difficult year for aquatic feed, with a sharp rise in raw material prices but a limited increase in feed prices. coupled with a 30-40% decline in feed sales compared with previous years, many feed manufacturers have lost money. Which one is making money? Tell me what you do. So we can learn from it. Generally speaking, large group companies will not lose money-- the aquatic product market was really bad last year! -- there are some gross profits calculated, but because the fish price is not good, the fish cannot be bought, and more than 1 million yuan is still in the hands of farmers, so it is hard to say whether to make money or not. The price of fish is not good, the farmers do not make money, and the life of the feed factory is not easy! We made money, but not much. If the price of raw materials has gone up, so has the price of our feed. -- with the rise in the price of raw materials, the price of feed has also gone up, and it is still possible to make money to keep the original profit margin, but the price of fish is not ideal this year, and the capital risk of the feed factory in the hands of customers is great. It should be said that the big feed factories made money in 2008, especially those enterprises that made better aquatic materials, such as Tongwei, Hope and Haida in Hubei Province. -- in my own experience, big enterprises are better, while small enterprises have not raised their prices this year, and their profits are even worse. The most fatal thing is that fish prices may not be good after the beginning of the year, farmers will lose money, and it can be expected that there will be a large number of delinquencies next year, and small businesses will have to face a reshuffle. -- I think the profits of the expanded feed companies in South China are all OK. In the first half of the year, feed prices also rose because of the rise in raw material prices, while raw material prices plummeted after August, but feed prices did not fall much. -- 90% of our aquatic feed factories in the north are losing money, so the operation next year is still unclear. In addition, but successful farmers are making money, so the farming area is still OK. We made money in 2008. Just not much. Overall, sales are 30-40% higher than in 2007. -- only with sufficient funds, aquatic feed in 2008 is still profitable. I can assure you. When the price of raw materials is high, the feed quality of many manufacturers, including large ones, has dropped. As long as the sales volume is large, they all make money. Companies that use credit as their sales policy are a different matter.