China Organic Agriculture, Inc. (OTC:CNOA) has announced the third quarter earnings for 2009. The company reported sales revenue and gross profit for the quarter at $39.7 million and $11.1 million. The sales have declined 15% compared to the previous year during the same period.
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Sales Revenue and gross profit for the nine months were reported at $106.4 million, and $26.4 million showing an increase of 97.4% and 103.8% respectively. Selling, general and administrative expenses have decreased 9.5% for the first nine months. The full financial results are available at www.chinaorganicagricutlure.com.
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