China Organic Agriculture Inc (OTC:CNOA) Release Q3 2009 Earnings
China Organic Agriculture, Inc. (OTC:CNOA) has release the third quarter earnings for 2009. The financial results reported a sales revenue and gross profit of $39.7 million and $11.1 million respectively. Sales revenue and gross profit for the nine months were at $106.4 million and $26.4 million respectively.
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China Organic Agriculture, Inc. is engaged in the business distribution of agricultural products such as green rice, organic rice, soy beans, and ice wine in China. Its products are distributed primarily through Shen Zhen Shen Jin Da Agricultural By-product Trading Co., Ltd., Beijing Jingu Hengfa Trading Co. Ltd., Shanghai Liang You Group Co. Ltd., Jinyunda Industry Development Co., Ltd., and Guang Dong Guangliang Industry Co. Ltd. The company owns 100% of China Organic Agriculture, Ltd. and Far East Wine Holding Group Ltd.
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