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China New Borun Corp  (BORN)
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EARNINGS REPORT by CSIMarket

Loss on Weak Sales

China New Borun Corp announced fourth quarter 2018 operating profit of $5.213429 millions

Girl_with_a_glass_of_wine_By_Multimotyl_[CC-BY-SA-3.0_(http_creativecommons.org_licenses_by-sa_3.0)]_via_Wikimedia_CommonsFor the fourth quarter 2018 China New Borun Corp posted loss of $-0.22 per share compare to $1.05 a year ago and from $0.00 per share from the previous quarter.

Sales declined in double digits by -19.96 % to $262 millions from $328 millions in the same quarter a year ago and sequentially from $0 millions.



For the fourth quarter 2018 China New Borun Corp logged net loss of $-5.701 million, instead of net income of $27.048 millions achieved in the same quarter a year before.

China New Borun Corp reported net loss of $-6 millions and Sales of $262 millions for the fiscal year 2018.

Alcoholic Beverages company said its eps were at $-0.22 compare to $1.05 in the previous fiscal year, while Sales fell by -19.96 % from $328 millions a year ago.


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Other BORN's Earnings Reports

China New Borun reported third quarter 2018 earnings

China New Borun reported second quarter 2018 earnings

China New Borun reported first quarter 2018 earnings

       
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