Deyu Agriculture Corp. announces third quarter 2013 financial results
date:Nov 19, 2013
, to $6.2 million for Q3 2013 as compared to $3.8 million for Q3 2012, which was primarily due to the increase of handling costs caused by the extreme humid weather conditions and the increase of freight cost resulting from an increase in sales volume of corn and an increase in railway delivery prices announced in February 2013. General and administrative expenses for Q3, 2013 was $5.0 million, an increase of 2.7 million, or 115.5% compared to $2.3 million for Q3 2012, which was primarily due to
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