8th Jan 2007 07:01
Asian Citrus Holdings Ltd08 January 2007 8 January 2007 Asian Citrus Holdings Limited ("Asian Citrus" or "the Group") Good Increase in Winter Orange Crop Asian Citrus, the largest orange plantation owner and operator in China,announces that the yield for the Winter Orange crop from its Hepu Plantationincreased from approximately 40,604 tonnes to about 46,219 tonnes in the currentfinancial year, representing an increase of around 14% which is in line withmanagement's expectations for winter production. In addition, the Group's Xinfeng Plantation has started its trial productionyielding about 3,652 tonnes of oranges in the current financial year. The totalWinter Orange crop yield of the Group from the two plantations was approximately49,871 tonnes, representing an increase of around 23% from the Group's totalWinter Orange crop yield in 2005. In the full year to 30 June 2006, sales of Winter Oranges produced 26.1% oftotal revenues with Summer Oranges accounting for the balance. About Asian Citrus Asian Citrus is the largest orange plantation owner and operator in China andhas two plantations in the Hepu county of the Guangxi Zhuang Autonomous Regionand the Xinfeng county of the Jiangxi province of China. Its primary goal is tosell quality oranges at an affordable price and in so doing, strengthen itsposition as a leading, mechanised and industrialised orange grower anddistributor in China. For Further Information Contact: Terry Garrett/John Moriarty/Helen ThomasWeber Shandwick Square Mile 0207 067 0700 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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