Shandong (SZSN.OB) Seed Up 33 Percent
Overseas investors, rejoice! Share prices for the Shandong Zhouyuan Seed and Nursery Corp. (OTCBB: SZSN) were up more than 36 percent this morning, thanks to today's announcement of the company's increased sales for 2007.According to the Shandong's latest statement, the company's sales income for the second quarter of 2007 - more than RMB $2 Million (approximately $256,400 U.S.) - increased 37.6 percent over the sales figures for the previous year. Wang Zhigang, Shandong's president, attributed the increase to the company's new line of hybridized seeds. "During the second quarter of 2007, we continued to benefit from the promotion of our…