CJ FERTILIZER: 2Q10 sales up 56.8% at Rmb 114.5 m

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CJ FERTILIZER: 2Q10 sales up 56.8% at Rmb 114.5 m

Written by Sim Kih

Friday, 30 July 2010 13:22

CFO Joel Leong: Changjiang's stock price is very cheap compared to peers.

CHANGJIANG FERTILIZER posted 2Q10 revenue growth of 56.8% year-on-year growth to reach Rmb 114.5 million, thanks to a 25% boost from its newly acquired plant in Xiangyin, Hunan.

Its CFO, Joel Leong updated analysts on the fertilizer’s manufacturer’s expansion plan today.

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