SkyPeople Fruit Juice (SPU) Reports Q3 Loss of $0.02/Share

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SkyPeople Fruit Juice Reports Third Quarter 2015 Financial Results

November 16, 2015 11:53 AM EST

XI'AN, China, Nov. 16, 2015 /PRNewswire/ -- SkyPeople Fruit Juice, Inc. (NASDAQ: SPU) ("SkyPeople" or "the Company"), a producer of fruit juice concentrates, fruit juice beverages and other fruit-related products, today announced its financial results for the third quarter ended September 30, 2015.

Third Quarter 2015 Summary:

Total revenue was $10.6 million Gross profit was $3.9 million Gross profit margin was 37% Income from operations was $1.5 million Net loss was $0.4 million Cash, cash equivalents and restricted cash were $63.2... More