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China New Borun Corp  (BORN)
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    Sector  Consumer Non Cyclical    Industry Alcoholic Beverages
 
 

EARNINGS REPORT by CSIMarket

Improvement in Profit Margins


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China New Borun Corp announced forth quarter 2015 operating income of $33.461986 millions



Company delivered strong earnings growth on slow Sales increase in the forth quarter 2015, where earnings jumped by 54 % at $0.77 per share, Sales grew modestly by 2.68 % to $408 millions from the same quarter a year ago.

In comparison to previous quarter from $0.00 per share and from $0 millions.

Net income of $20 millions in the forth quarter 2015 increased by 53.29 % from net earnings of $13 millions reported in the forth quarter 2015 a year ago. Although operating margin fell to 8.19%, in the forth quarter 2015, the company's net margin actually improved to 4.86%.
Looking into financial results for the fiscal year 2016, China New Borun Corp reported Sales of $307 millions and net income of $9 millions.

Alcoholic Beverages Company explained also, that Income per share faded by -53.25 % to $0.36 per share from $0.77 in the previous fiscal year, while Sales fell by -24.72 % from $408 millions a year ago.
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Other BORN's Earnings Reports

China New Borun reported third quarter 2015 earnings

China New Borun reported second quarter 2015 earnings

China New Borun reported first quarter 2015 earnings

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