China Agri-Business Reports Financial Results for the Q3 and Nine-Months Ended September 30, 2008, Article Posted on BeaconEquity.com
Harsh weather and natural disasters contribute to low third-quarter revenues while gross margin increases 531 basis points and net income jumps 36%.
(EMAILWIRE.COM, November 20, 2008 ) DALLAS, Texas - BeaconEquity.com announces the publication of “China Agri-Business Reports Financial Results for the Q3 and Nine-Months Ended September 30, 2008.”
Investors can view all of the investment articles for free by visiting: http://www.beaconequity.com/m - Click on News and Commentary
In the article the author writes:
"Revenue for the third quarter decreased to $612,301, or -21.6%, from $781,103 reported for the same period last year. For the nine-month period ended September 30, 2008, revenue declined to $2,134,491, or -2.5%, from $2,190,006 for the same period of 2007.”
China Agri-Business faults atypical weather conditions for its decrease in revenue:
“The company cites unusual weather conditions for the decrease in revenue in its Sichuan, Hunan and Hubei provinces, which included a harsher than normal winter for the months of January and February; an earthquake in China’s province of Sichuan in mid-May; and extensive flooding in the country’s central and southern regions during the months of May and June. Sales in the Sichuan, Hunan and Hubei provinces contributed approximately 30% of the company’s sales.China Agri-Business Inc. (OTCBB: CHBU), maker and distributor of agricultural products, reported fiscal 2008 third-quarter earnings ended September 30, 2008.”
To read the entire article visit http://www.beaconequity.com/m – Click on News and Commentary
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Source: BeaconEquity.com
Beacon Equity Research
Jeff Bishop, (469)-252-3505
press@beaconequity.com
Investors can view all of the investment articles for free by visiting: http://www.beaconequity.com/m - Click on News and Commentary
In the article the author writes:
"Revenue for the third quarter decreased to $612,301, or -21.6%, from $781,103 reported for the same period last year. For the nine-month period ended September 30, 2008, revenue declined to $2,134,491, or -2.5%, from $2,190,006 for the same period of 2007.”
China Agri-Business faults atypical weather conditions for its decrease in revenue:
“The company cites unusual weather conditions for the decrease in revenue in its Sichuan, Hunan and Hubei provinces, which included a harsher than normal winter for the months of January and February; an earthquake in China’s province of Sichuan in mid-May; and extensive flooding in the country’s central and southern regions during the months of May and June. Sales in the Sichuan, Hunan and Hubei provinces contributed approximately 30% of the company’s sales.China Agri-Business Inc. (OTCBB: CHBU), maker and distributor of agricultural products, reported fiscal 2008 third-quarter earnings ended September 30, 2008.”
To read the entire article visit http://www.beaconequity.com/m – Click on News and Commentary
Join the fastest growing investor community at: http://www.stockhideout.com/
BeaconEquity.com’s Market News is one of the fastest growing small cap blogs in the investment community. Beacon is the authority on research in the small cap sector, and our analysts strive each day to find the stocks that are poised to be the biggest movers before the rest of the market is aware of them.
We encourage investors to subscribe to our FREE newsletter filled with daily trading ideas by visiting:
http://www.beaconequity.com/m
BeaconEquity.com is one of the industry’s largest small cap research providers. Beacon strives to provide a balanced view of many promising small cap companies that would otherwise fall under the radar of the typical Wall Street investor. We provide investors with an excellent first step in their research and due diligence by providing daily trading ideas, and consolidating the publicly available information available on them. For more information on Beacon Research, please visit: http://www.beaconequity.com/m
Source: BeaconEquity.com
Beacon Equity Research
Jeff Bishop, (469)-252-3505
press@beaconequity.com
Press Release Keywords:
stock market, investing, investment ideas, market activity, small caps, micro caps, search engines, technology stocks, blue chips, marketing solutions, beaconequity.com, china agri-business inc.
stock market, investing, investment ideas, market activity, small caps, micro caps, search engines, technology stocks, blue chips, marketing solutions, beaconequity.com, china agri-business inc.
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