I'm thinking about investing in this company.
http://www.sinoagrofood.com/
They are trying to create organic food for the growing chinese middle class.
Quote:
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Net Profit for Q3 period ended September 30, 2010 is $7,220,202, net of Gross Profit of $7,089,064 plus Exchange gain of $2,202,824 minus all General administration expenses and minority interest etc. of $2,071,686 for the Q3 period ended September 30, 2010. For the 9 months ended September 30, 2010, our net income from operation was $11,174,356 or $0.19 per share on a fully diluted basis. There are no changes to Company guidance for the remainder of 2010.
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http://finance.yahoo.com/news/Sino-A....html?x=0&.v=1
Any comments? Or concerns....