Summer Orange Harvest (8541F)

TIDMACHL

RNS Number : 8541F

Asian Citrus Holdings Ltd

21 June 2012

 
 For immediate release   21 June 2012

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 production volume of its Summer Orange crop at its Hepu Plantation was 71,814 tonnes compared with 73,194 tonnes for the harvest undertaken at the same time last year, representing a decrease of 1.9%. Taking into account the unusual consistent heavy rainfall at the time of the harvesting season which impacted this crop, the yield of the Summer crop is in line with management's expectations for summer production.

The annual production volume for the Group increased from approximately 216,892 tonnes to about 243,421 tonnes in the current year which represents an increase of approximately 12.2%.

The full year results of the Group for the year ending 30 June 2012 are expected to be published in September 2012.

For further enquiries please contact

 
 Asian Citrus 
  Eric Sung, Finance Director                +852 2559 0323 
 Seymour Pierce Limited (NOMAD and 
  Joint Broker) 
  Jonathan Wright, Tom Sheldon               +44 (0) 20 7107 8000 
 Richard Redmayne (Broking) 
 
  Liberum Capital Limited (Joint Broker) 
  Clayton Bush, Richard Bootle               +44 (0) 20 3100 2222 
 
 Weber Shandwick Financial 
  Nick Oborne, Stephanie Badjonat, 
  John Moriarty                              +44 (0) 20 7067 0700

This information is provided by RNS

The company news service from the London Stock Exchange

END

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