date:Feb 28, 2014
amage to the plantations from the major typhoons, this has caused nutrients to leach from the soil.
The cancellation of the payout will be disappointing to shareholders especially in view of the still-positive operating cash flow of 117.7m remninbi and cash balances of 2.1bn remninbi, house broker Cantor Fitzgerald said.
The decline in earnings in the latest period reflected - besides poor weather which helped cut group orange production by 8.3% to 148,000 tonnes - a 14.8% drop in sales prices