Key Developments: Chaoda Modern Agriculture Holdings Ltd (CMGHF.PK)

CMGHF.PK on OTC Markets Group

0.07USD
17 Apr 2014
Price Change (% chg)

$-0.01 (-6.67%)
Prev Close
$0.08
Open
$0.08
Day's High
$0.08
Day's Low
$0.07
Volume
143,400
Avg. Vol
93,190
52-wk High
$0.12
52-wk Low
$0.02

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Latest Key Developments (Source: Significant Developments)

Chaoda Modern Agriculture (Holdings) Ltd gives FY 2012, 2013, H1 2011, 2012 2013 earnings guidance
Friday, 17 Jan 2014 08:16am EST 

Chaoda Modern Agriculture (Holdings) Ltd:Says based on the preliminary assessment by the board, it expects that the group will record a net loss for FY 2012 and FY 2013 and for H1 2011, H1 2012 and H1 2013.Which are mainly attributable to the decrease in average selling price of the agricultural produce which led to the decrease in the turnover and revenue of the group; and.The loss recorded as a result of the disposal or written off of the group’s farmland infrastructure erected on the returned farmlands to the PRC government during the relevant periods.  Full Article

Chaoda Modern Agriculture (Holdings) Ltd Announces Appointment Of Auditors
Friday, 1 Feb 2013 05:05am EST 

Chaoda Modern Agriculture (Holdings) Ltd announced that the Board has resolved to engage Crowe Horwath (HK) CPA Ltd, and Crowe Horwath has agreed to accept the engagement, to act as the new auditors of the Company, whose appointment is to take effect on February 1, 2013 and to hold office until the conclusion of the next annual general meeting of the Company.  Full Article

Chaoda Modern Agriculture (Holdings) Ltd Comments On H1 2012 Earnings Guidance
Wednesday, 14 Nov 2012 09:00am EST 

Chaoda Modern Agriculture (Holdings) Ltd announced that for the first half of 2012, based on the preliminary assessment on the unaudited consolidated management accounts of the Company, it expects to continue to record a consolidated loss such consolidated loss was mainly attributable to a significant drop in the Group’s income and profit due to unfavourable market factors.  Full Article

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