Trading Update
July 01 2009 - 2:00AM
UK Regulatory
TIDMACHL
RNS Number : 8551U
Asian Citrus Holdings Ltd
01 July 2009
+------------------------------------+------------------------------------+
| For immediate release | 1 July 2009 |
+------------------------------------+------------------------------------+
Asian Citrus Holdings Limited
("Asian Citrus" or "the Group")
Trading Update
Asian Citrus, the largest orange plantation owner and operator in China,
announces that the latest yield from its Summer Orange crop at its Hepu
Plantation was 71,252 tonnes compared with 71,027 tonnes for the same harvest
undertaken at the same time last year. The yield of the Summer crop is in line
with management's expectations for summer production.
The annual yield for the Group increased from approximately 130,308 tonnes to
about 152,059 tonnes in the current year which represents an increase of
approximately 16.7%.
The full year results of the Group for the year ending 30 June 2009 are due to
be published in mid-September 2009.
About Asian Citrus Holdings Limited
Asian Citrus Holdings Limited is the largest orange plantation owner and
operator in China and has two plantations in the Hepu county of the Guangxi
Zhuang Autonomous Region and the Xinfeng county of the Jiangxi province of
China. Its primary goal is to sell quality oranges at an affordable price and in
so doing, strengthen its position as a leading, mechanised and industrialised
orange grower and distributor in China.
+------------------------------------+------------------------------------+
| For Further Information Contact: | |
+------------------------------------+------------------------------------+
| Terry Garrett/John | |
| Moriarty/Stephanie Badjonat | |
+------------------------------------+------------------------------------+
| Weber Shandwick Financial | 0207 067 0700 |
+------------------------------------+------------------------------------+
| | |
+------------------------------------+------------------------------------+
| Michael Wentworth-Stanley/James | |
| Mitford/Gina Gibson | |
+------------------------------------+------------------------------------+
| JPMorgan Cazenove | 0207 588 2828 |
+------------------------------------+------------------------------------+
This information is provided by RNS
The company news service from the London Stock Exchange
END
TSTCKKKNOBKDNAN
Asian Citrus (LSE:ACHL)
Historical Stock Chart
From Jun 2024 to Jul 2024
Asian Citrus (LSE:ACHL)
Historical Stock Chart
From Jul 2023 to Jul 2024