China Green Agriculture (CGA) Reports Q3 EPS of $0.22

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Go back to China Green Agriculture (CGA) Reports Q3 EPS of $0.22

China Green Agriculture, Inc. Reports the Third Quarter Fiscal Year 2016 Financial Results With Revenue Meeting the Guidance, Net Income Beating the Guidance

May 13, 2016 6:50 AM EDT

XI'AN, China, May 13, 2016 /PRNewswire/ -- China Green Agriculture, Inc. (NYSE: CGA; "China Green Agriculture" or the "Company"), a company mainly produces and distributes humic acid-based compound fertilizers, other varieties of compound fertilizers and agricultural products through its subsidiaries in China, today announced its financial results for the quarter ended March 31, 2016.

Highlights

Net sales in the Third Quarter of FY 2016 decreased 1.1% to $78.6 million; net income decreased 16.8% to $8.3 million with EPS of $0.22. The Company Provided Fourth Quarter of Fiscal Year 2016 Guidance Range: Revenue, Net Income and EPS of between $74 million and $80 million, $3 million and... More