China Green Agriculture (CGA) Reports Q4 EPS of $0.15

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Go back to China Green Agriculture (CGA) Reports Q4 EPS of $0.15

China Green Agriculture Reports Fiscal Year 2016 Financial Results

October 3, 2016 7:10 AM EDT

XI'AN, China, Oct. 3, 2016 /PRNewswire/ -- China Green Agriculture, Inc. (NYSE: CGA; "China Green Agriculture" or the "Company"), a company which mainly produces and distributes humic acid-based compound fertilizers, varieties of compound fertilizers and agricultural products through its subsidiaries and variable interest entities in China, today announced its financial results for the Fiscal Year ended June 30, 2016 and guidance on revenues and net incomes for the First Fiscal Quarter 2017 and Fiscal Year 2017.

Highlights:

Sales increased 2.1% to $268.8 million; Net Income decreased 21.3% to $24.7 million; Earning per Share (EPS) of $0.69 for the Fiscal Year 2016. Guidance for First... More