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Bullboard - Stock Discussion Forum China Organic Agriculture Inc CNOA

GREY:CNOA - Post Discussion

China Organic Agriculture Inc > highlighted of this 10k filing reminds me of takin
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Post by Releasedaily886 on Jan 28, 2010 12:40am

highlighted of this 10k filing reminds me of takin

1st, Net sales for the year ending December 31, 2007 totaled $44,500,003 compared to $9,002,345 for the year ending December 31, 2006, increase of $35,497,685, approximately 394%.

 

2nd, Realizing a 61% increase in the price per ton of green rice from 2006 to 2007, and 13% for organic rice from 2006 to 2007.

 

PS, here are some reasons, sharing with you.....

 

1st, Increase attributes to consumer demand of products, higher availability, brand awareness through distribution channels.

2nd, Especially expand distribution points from individual retailers to large company retailers and supermarkets in large cities such as Shanghai, Beijing, and Nanjing.

3rd,Signing more contracts with family farmers

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