Follow us:              
You are here: HOME > Press Release

China Green Agriculture, Inc. Reports Second Quarter Fiscal Year 2012 Financial Results, Provides Third Quarter Fiscal Year 2012 Guidance and Raises Fiscal Year 2012's Full Year Revenue Guidance

Published: Thursday, Feb 9, 2012, 4:10 IST
Agency: PR Newswire

XI'AN, China, Feb. 8, 2012 /PRNewswire-Asia-FirstCall/ --

  • Q2 FY 2012 net sales increased 33.4% to $47.1 million, net income increased 24.3% to $7.7 million with EPS of $0.29
  • Company Provides the Third Quarter Fiscal Year 2012 Guidance: Revenue, Net Income and EPS of $53.0 million to $56.4 million, $9.7 million to $10.7 million, and $0.36 to $0.40, respectively
  • Company Raises Fiscal Year 2012's Revenue Guidance: $212.3 million to $228.0 million; reaffirms Fiscal Year 2012's Guidance of net income and EPS: $37.9 million to $40.5 million, and $1.41 to $1.51, respectively
  • Management to Host Earnings Conference Call at 8:30 am EST, February 9, 2012

China Green Agriculture, Inc. (NYSE: CGA) ("China Green Agriculture" or the "Company"), a producer and distributor of humic acid ("HA") based compound fertilizers, blended fertilizers, organic compound fertilizers, slow-release fertilizers, highly-concentrated water-soluble fertilizers and mixed organic-inorganic compound fertilizers and agricultural products, such as top-grade fruits, vegetables, flowers and colored seedlings through its wholly owned subsidiaries in China, Shaanxi TechTeam Jinong Humic Acid Product Co., Ltd. ("Jinong") and Beijing Gufeng Chemical Products Co., Ltd. ("Gufeng"), Xi'an Jintai Agriculture Technology Development Company ("Jintai") and Xi'an Hu County Yuxing Agriculture Technology Development Co., Ltd. ("Yuxing"), today announced the financial results for the quarter ended December 31, 2011, i.e., the second quarter of fiscal year 2012.

Financial Summary

Second Quarter FY 2012 Results (USD)




(Three months ended December 31, 2011)









Q2 FY2012

Q2 FY2011

CHANGE





Net Sales

$47.1 million

$35.3 million

                     +    -
<< Previous | Page 1 | Page 2 | Page 3 | Page 4 | Page 5 | Page 6 | Page 7 | Page 8 | Single Page | Next >>
Top stories on DNAIndia.com » Popular content »
C.0
Comments  |  Post a comment
Blogs »
Downloading blues

- Jayadev Calamur
C.0
©2012 Diligent Media Corporation Ltd.
D.0