Asian Citrus axes dividend to fund management due to bad weather
date:Feb 28, 2014
A revival in shares in Asian Citrus floundered as the group unveiled a plunge in profits and ditched its dividend offsetting thoughts of a positive ahead over the prospect of a change of leadership. The group, which had braced investors for a fall in profits, said that its underlying earnings for the July-to-December half had tumbled by 84% to 41.0m remninbi. (1 remninbi= $0.16 USD)

While the earnings proved largely in line with market expectations, the group also revealed it was ditching its
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