China Green Agriculture, Inc. (NYSE:CGA) announced its financial results for the fiscal year ended June 30, 2011.Net sales for the three months ended June 30, 2011 were $60.3 million, an increase of $44.1 million, or 272.0%, from $16.2 million for the three months ended June 30, 2010. The increase was largely due to the inclusion of Gufeng's net sales which contributed $40.3 million, or 66.8%, of net sales for the three months ended June 30, 2011. Net sales excluding Gufeng's contribution for the period ended June 30, 2011 were $20.0 million, an increase of $3.8 million, or 23.4%, from $16.2 million for the same period in 2010.
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(CGA, ONE, CLNO, PZN) Stock Updates by BestOtc.com
September 10th, 2011 at 09:04 am