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China New Borun Corp. (BORN) Reports Q3 EPS of $0.21, Guides Q4

November 15, 2012 4:21 PM EST Send to a Friend
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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.

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