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TIDMACHL
RNS Number : 8541F
Asian Citrus Holdings Ltd
21 June 2012
For immediate release 21 June 2012
Asian Citrus Holdings Limited
("Asian Citrus" or "the Group")
TRADING UPDATE
Asian Citrus, the largest orange plantation owner and operator in China, announces that the latest production volume of its Summer Orange crop at its Hepu Plantation was 71,814 tonnes compared with 73,194 tonnes for the harvest undertaken at the same time last year, representing a decrease of 1.9%. Taking into account the unusual consistent heavy rainfall at the time of the harvesting season which impacted this crop, the yield of the Summer crop is in line with management's expectations for summer production.
The annual production volume for the Group increased from approximately 216,892 tonnes to about 243,421 tonnes in the current year which represents an increase of approximately 12.2%.
The full year results of the Group for the year ending 30 June 2012 are expected to be published in September 2012.
For further enquiries please contact
Asian Citrus
Eric Sung, Finance Director +852 2559 0323
Seymour Pierce Limited (NOMAD and
Joint Broker)
Jonathan Wright, Tom Sheldon +44 (0) 20 7107 8000
Richard Redmayne (Broking)
Liberum Capital Limited (Joint Broker)
Clayton Bush, Richard Bootle +44 (0) 20 3100 2222
Weber Shandwick Financial
Nick Oborne, Stephanie Badjonat,
John Moriarty +44 (0) 20 7067 0700
This information is provided by RNS
The company news service from the London Stock Exchange
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