Sino Agro Food, Inc. Reports Q1 2016 Results
Revenue of USD 71.9 M with Diluted EPS of USD .39 Record Volumes in Value Added Processing, Beef imports, and AquacultureMay 16, 2016 GUANGZHOU, China-- Sino Agro Food, Inc. (OTCQX: SIAF | OSE: SIAF-ME) Record Volumes Across the Board during Transitional Period · The Aquaculture segment continued growth in overall sales volume to 1,891 metric tons of prawns and seafood in Q1 2016, increasing approximately 40% over both Q1 2015 (1,380 MT) and the Q4 2015 (1,325 MT). The introduction of mixed fish species contributed an increase in gross profit of USD 1.1M. · The Company