TIDMACHL

RNS Number : 5538V

Asian Citrus Holdings Ltd

15 January 2013

15 January 2013

Asian Citrus Holdings Limited

("Asian Citrus" or "the Company")

Winter Orange Crop

Asian Citrus, the largest orange plantation owner and the single largest orange producer in China, announces that the total actual Winter Orange crop yield of the Group's two operational plantations was approximately 161,233 tonnes (2011: 171,607 tonnes), broadly in line with the tonnage indicated in the Winter Orange Crop Statement of 15 November 2012.

The actual Winter Orange crop from the Group's Hepu Plantation was approximately 32,838 tonnes in the current year. During the year ended 30 June 2012, 66,449 Winter Orange trees were removed and replanted with the same number of the Summer Orange trees resulting in this year's Winter Orange crop yield being 26.9% lower than in 2011 which is in line with the announcement made in November 2012.

The actual Winter Orange crop from the Group's Xinfeng Plantation increased from approximately 126,701 tonnes last year to approximately 128,395 tonnes in the current year, representing an increase of approximately 1.3%. The unstable weather and persistent heavy rainfall in 2012 limited the growth of this year's Winter Orange crop in the Xinfeng Plantation.

For further enquiries please contact

 
 Asian Citrus 
  Eric Sung, Finance Director                  +852 2559 0323 
 Seymour Pierce Limited (NOMAD and 
  Joint Broker) 
  Jonathan Wright, Tom Sheldon                 +44 (0) 20 7107 8000 
 Richard Redmayne, Jacqui Briscoe 
  (Broking) 
 
   Liberum Capital Limited (Joint Broker) 
   Clayton Bush, Richard Bootle                +44 (0) 20 3100 2222 
 
 Weber Shandwick Financial 
  Nick Oborne, Stephanie Badjonat, 
  John Moriarty                                +44 (0) 20 7067 0700

This information is provided by RNS

The company news service from the London Stock Exchange

END

MSCGRGDBSGBBGXU

Asian Citrus (LSE:ACHL)
Historical Stock Chart
From Jun 2024 to Jul 2024 Click Here for more Asian Citrus Charts.
Asian Citrus (LSE:ACHL)
Historical Stock Chart
From Jul 2023 to Jul 2024 Click Here for more Asian Citrus Charts.