China Agri-Business Inc. (CHBU.OB) Sums up 2009 Efforts, Offers Positive Outlook for 2010
China Agri-Business Inc. manufactures and distributes organic agricultural application products in China. The company recently commented on its full-year financial results for the 12 months ended December 31, 2009, noting its progress and expansion efforts, as well as its expectations for 2010. Sales for the full-year 2009 increased $116,175, or 4.0 percent, to $3,038,560 in 2009 from $2,922,385 in 2008. The company attributes the increase primarily to positive response to its newly launched expansion campaign, the "New Agriculture-Generator." "In the fourth quarter of 2008, we started an aggressive initiative that we call the 'New Agriculture-Generator.' The primary purpose of the…