Asian Citrus (HKG:0073): Winter Orange Crop Yield Up 19%

   Date:2012-01-10


Asian Citrus (HKG:0073) announced that the total winter orange crop yield of its two operational plantations was 171,607 tonnes, representing an increase of 19.4% from the total winter orange crop yield of 143,698 tonnes in 2010.

The winter orange crop from the group's Hepu Plantation dropped from 50,517 tonnes last year to 44,906 tonnes in the current year, representing a decrease of 11.1%, which was due to the ongoing replanting programme. During the year ended 30 June 2011, 63,584 winter orange trees were removed and replanted with the same number of the summer orange trees.

The winter orange crop from the group's Xinfeng Plantation increased from 93,181 tonnes last year to 126,701 tonnes in the current year, representing an increase of 36%.

In the year to 30 June 2011, sales of winter oranges generated 54.6% of the revenue from sales of oranges, with summer oranges accounting for the balance.
 



 
2005-2011 www.researchinchina.com All Rights Reserved 京ICP备05069564号-1