China New Borun Corporation (BORN) Reports Q2 EPS of RMB1.48

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China New Borun Announces Second Quarter 2015 Unaudited Financial Results

August 11, 2015 4:30 PM EDT

BEIJING, Aug. 11, 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 second quarter ended June 30, 2015.

Mr. Jinmiao Wang, Chairman and Chief Executive Officer of Borun, commented on the results, "We are ecstatic in being able to deliver a strong second quarter of 2015 that significantly exceeded our top line expectations. During the quarter, the baijiu industry showed improved demand, driven by the mass market; while at the same time, the number of edible... More