China Organic Agriculture, Inc. (CNOA.OB) Announces Financial Results for First Quarter
China Organic Agriculture, Inc. announced yesterday their financial results for the first quarter ended March 31, 2010. First Quarter 2010 results include revenue of $32.4 million. This represents a decrease from $36.7 million in the first quarter of 2009. Gross profit was $8.2 million, compared to $8.4 million in the first quarter of 2009. Net income attributable to the Company's shareholders in the first quarter of 2010 was $3.0 million. Fully diluted earnings per share in the first quarter of 2010 were $0.04. This is in comparison to $0.05 in the first quarter of 2009. China Organic Agriculture, Inc. acquired…