China New Borun Corp. (BORN) Reports Q3 EPS of $0.21, Guides Q4
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China New Borun Corp. (NYSE: BORN) reported Q3 EPS of $0.21. Revenue for the quarter came in at $88.2 million.
Reflecting the lower demand from chemical industry, the Company estimates that its revenue for the fourth quarter of 2012 will be in the range of RMB430.0 million ($67.8 million) to RMB470.0 million ($74.1 million), a decrease of approximately 43.6% to 38.3% over the same quarter of 2011.
This forecast reflects the Company's current and preliminary view, which is subject to change.
For earnings history and earnings-related data on China New Borun Corp. (BORN) click here.
Reflecting the lower demand from chemical industry, the Company estimates that its revenue for the fourth quarter of 2012 will be in the range of RMB430.0 million ($67.8 million) to RMB470.0 million ($74.1 million), a decrease of approximately 43.6% to 38.3% over the same quarter of 2011.
This forecast reflects the Company's current and preliminary view, which is subject to change.
For earnings history and earnings-related data on China New Borun Corp. (BORN) click here.
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