China Organic Agriculture is one of the largest producers of green and organic rice in China. Unlike their rural competitors, the Company controls the entire process from seeds, planting, and processing to R&D and sales. China Organic has already established brand loyalty with China’s fully certified organic rice products that are generating revenues from China’s estimated $13 billion green foods market.
The principal driving force behind the company is creating shareholder value. The senior management team is committed to continually achieving this mission and has been consistently increasing margins as well as increasing the company’s revenue growth.
China Organic has believes that 2007 will be a record setting year. The company’s forecasted 2007 calendar-year revenues are expected to reach about $18 million, which is a 100% increase over the comparable period in 2006. The Company also anticipates a net income of approximately $6.7 million, representing a 95% increase over the $3.4 million reported last year.
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