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

EARNINGS REPORT by CSIMarket

Strong Double Digit EPS Growth, Sales Weak


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China New Borun Corp announced forth quarter 2017 operating income of $45.548185 millions



For the forth quarter 2017 China New Borun Corp profits soared by 36.36 % of $1.05 per share compare to $0.77 a year ago and from $0.00 per share from the previous quarter.

Sales declined in double digits by -19.78 % to $328 millions from $408 millions in the same quarter a year ago and sequentially from $0 millions.



Net income of $27 millions in the forth quarter 2017 increased by 36.31 % from net earnings of $20 millions reported in the forth quarter 2017 a year ago. China New Borun Corp also emphasized it's improving profit margins, where net margin rose to 8.26% in forth quarter 2017, and operating margin edged up to 13.9%.
Looking into financial results for the fiscal year 2017, China New Borun Corp reported Sales of $328 millions and net income of $27 millions.

Alcoholic Beverages Company explained also, that Eps surged by 191.67 % to $1.05 per share from $0.36 in the previous fiscal year, while Sales increased by 6.57 % from $307 millions a year ago.
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Other BORN's Earnings Reports

China New Borun reported third quarter 2017 earnings

China New Borun reported second quarter 2017 earnings

China New Borun reported first quarter 2017 earnings

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