Guidance Report:
"We are well positioned to capitalize on the market opportunities within China's fertilizer and agriculture industry. With a national distribution network, state-of-the-art research and development, automated production, and superior after-sales support, we have successfully built one of the premier organic compound fertilizer producers in China today,' stated Mr. Li. By leveraging our new facility, which will be on line in August of 2009, we feel China Green Agriculture is well positioned to gain further market share in China's green fertilizer market, which will translate into long term revenue and net income growth."
Full Year 2009 Guidance Ending June
* CGA does not pay a standard United States tax rate.
Full Year 2009 EPS Guidance Ending June Adjusted for a Standard Tax Rate
2009 Guidance 2008 Reported Period Change *EPS $0.56 to $0.59 $0.38 47.37% to 55.26%
'Through our recent capacity upgrade to 15,000 metric tons per year, we expect to continue to grow. We anticipate continued strong performance from our greenhouse R&D center with strong growth toward the end of our fiscal year in fertilizer sales as we move into the peak growing season. With the completion of our new, 40,000 metric ton facility, which will come online in the first quarter of our 2010 fiscal year, we expect to maintain our expansion well into the future.'
Third Quarter 2009 Guidance Ending March
Third Quarter 2009 EPS Guidance Ending March Adjusted for a Standard Tax Rate
Source: PR Newswire (February 11, 2009)
June 30
Agriculture
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