China New Borun Corp Issues Q3 2011 Revenue Guidance Below Analysts' Estimates

   Date:2011/08/22

Tuesday, 9 Aug 2011 04:05pm EDT

China New Borun Corp announced that for the third quarter of 2011, it expects revenues will be in the range of RMB570 million ($88.8 million) to RMB620 million ($95.8 million). According to I/B/E/S Estimates, analysts were expecting the Company to report revenue of $105.2 million for the third quarter of 2011. 

Source:reuters

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