Tianli Agritech reports first quarter 2014 results
date:May 14, 2014
as compared to $6.58 million for the same period of 2013. Cost of goods sold for the retail segment was $0.25 million for the first quarter of 2014. Gross profit for the first quarter of 2014 was $1.46 million, compared to $0.81 million for the same period of last year. Gross margin for the first quarter of 2014 was 15.0%, compared to 10.9% for the same period of 2013. This increase in gross margin reflected improvement in the gross margin from the sale of breeder hogs and black hogs and the im
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