China New Borun Corporation (BORN) Reports Q4 EPS of RMB0.51

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China New Borun Announces Fourth Quarter and Full-Year 2014 Unaudited Financial Results

March 5, 2015 4:30 PM EST

BEIJING, March 5, 2015 /PRNewswire/ -- China New Borun Corporation (NYSE: BORN) ("Borun" or the "Company"), a leading producer and distributor of corn-based edible alcohol in China, today announced its unaudited financial results for the fourth quarter and full-year ended December 31 2014. 

Mr. Jinmiao Wang, Chairman and Chief Executive Officer of Borun, commented on the results, "Due to the weakened macro-economics and the soft demand for the entire edible alcohol industry which pressured average selling price for our edible alcohol and related by-products.  Correspondingly,... More