DALLAS, Texas 4/17/2009 11:25:15 PM
News / Finance

China Organic Agriculture (CNOA) Reports Strong Financial Results for 2008; Article Posted on BeaconEquity.com

BeaconEquity.com announces the publication of an article covering China Organic’s 2008 financial results, as well as its mention of future developments.

 

Investors can view all of the investment articles for free by visiting: http://www.beaconequity.com/m

 

In the article the author writes:

 

China Organic Agriculture Inc. (OTCBB: CNOA) is a diversified food products company selling to the China market, taking advantage of China’s growing consumer trends. The company recently reported its full-year 2008 financial results, posting impressive gains in revenue and net income. … For the full year of 2008, China Organic Agriculture posted revenue of $112.7 million, compared with no revenue reported for 2007.  Net income increased 52% to $20.5 million, compared with $13.5 million for the full-year of 2007.  Earnings per share increased to 34 cents per fully-diluted share, compared with 29 cents per fully-diluted share for the same period of 2007.”

 

China Organic looks ahead to future developments, which includes growth and acquisitions:

 

“Part of the mentioned future developments is China Organic Agriculture’s plans for organic expansion, as well as the acquisition of relevant product lines and companies. The company is preparing to boost its sales in mainland China, focusing on Hong Kong and several other Asian countries.”

 

To read the entire article visit http://www.beaconequity.com/m

 

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Source: BeaconEquity.com

 

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