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Origin Agritech Limited Reports Unaudited Third Quarter Financial Results For Three Months Ended June 30, 2014
Date:8/3/2014

-looking statements. Important factors that may cause actual results to differ from expectations include, but are not limited to, those risk factors discussed in Origin's filings with the SEC including its annual report on Form 20-F to be filed. We undertake no obligation to revise or update publicly any forward-looking statements for any reasons.

 UNAUDITED CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME
(In thousands, except share data)Three Months ended June 30,20132014RMBRMBUSDRevenues

128,33792,93515,139Cost of revenues

(91,465)(71,686)(11,677)Gross profit

36,87221,2493,462Operating expenses:Selling and marketing

(13,475)(10,549)(1,718)General and administrative

(13,558)(10,561)(1,720)Research and development

(10,028)(8,778)(1,430)Other operating income, net

8,6282,372386Total operating expenses

(28,434)(27,516)(4,482)Income (loss) from operations

8,438(6,267)(1,020)Interest expense


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SOURCE Origin Agritech Limited
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