Deyu Agriculture Corp. announces third quarter 2013 financial results
date:Nov 19, 2013
ion for Q3 2013 was $9.9 million, a decrease of $7.5 million, or 43.0%, as compared to $17.4 million for Q3 2012, which was mainly due to the decline of retail sales in supermarkets and convenience stores. Net revenue from our Bulk Trading Division for Q3 2013 was $10.8 million, an increase of $6.6 million, or 159.4% as compared to $4.2 million Q3 2012, which was mainly attributable to our strategic shift from grain retail sales to wholesale or bulk trading.

The Company's gross profit decreased
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