Navigation Links
Yongye International Announces First Quarter 2013 Financial Results
Date:5/10/2013

ceivable and incentivize certain distributors to pay off accounts payable in a timely manner, we reduced shipment of our products to these distributors. Despite these reduced shipments, we have not seen a decrease in demand for our products based on orders received. As we progress through the second quarter, which is the peak season for our business, our shipments have been back on track. As an evidence of this, from January through April 2013, total shipments have increased approximately $28 million, or 20%, over the same period last year. The underlying fundamentals of our business remain strong and we are confident that our full year guidance for shipments and the expansion of our branded retailer network is achievable."

First Quarter 2013 Financial ResultsSales decreased by $19.1 million, or 29.7%, to $45.3 million in the first quarter of 2013, from $64.4 million for the same period of 2012. The decrease in revenue was primarily due to the decreased shipments of liquid crop products, which were meant to help manage accounts receivable and incentivize certain distributors to pay off accounts payable in a timely manner. In the first quarter of 2013, $43.9 million, or 96.9% of the total sales, were from liquid crop nutrient, and $1.4 million, or 3.1% of the total sales, were from powder animal nutrient. Of our liquid crop nutrient products, the two products for crop seeds and roots contributed $34.5 million, or 78.7% of total liquid crop nutrient sales, while the regular crop nutrient product contributed $9.4 million, or 21.3% of total liquid crop nutrient sales. During the first quarter of 2013, the number of branded retailers increased from 35,058 to 35,246; the majority of newly recruited branded retailers are from Hebei, Henan, Inner Mongolia and Shaanxi provinces.

Gross profit was $21.6 million in the first quarter of 2013, compared to $35.4 million in the first quarter of 2012, a decrease of 38.9%. Gross margin was 47.8% in the first quarter of
'/>"/>

SOURCE Yongye International, Inc.
Copyright©2012 PR Newswire.
All rights reserved

Page: 1 2 3 4 5 6 7 8 9 10 11 12 13 14

Related biology technology :

1. Yongye International to Report First Quarter 2013 Financial Results on May 10, 2013
2. Yongye International Announces Second Quarter 2012 Financial Results
3. Yongye International to Report Second Quarter 2012 Financial Results on August 9, 2012
4. Dr. Szczepan Baran will be Presenting at the International Microsurgical Simulation Society at Columbia University in New York
5. Dyadic International To Announce First Quarter 2013 Financial Results And Host Conference Call On Wednesday, May 15, 2013
6. Celladon Corporation and SIRO Clinpharm Announce Presentation at "Statisticians in the Pharmaceutical Industry International Conference"
7. Lisa Lorraine Reyes Muñoz, GeneCell International’s Physician Relation's Manager Launches Educational Meetings for General Public on Umbilical Cord Blood Stem Cells
8. Danai Brooks Joins Dyadic International as Chief Operating Officer
9. PAREXEL International Announces Acquisition of HERON Group LTD, A Leading Commercialization Consultancy
10. PAREXEL International Reports Third Quarter Fiscal Year 2013 Results
11. GeneCell International Gives Back to the Community by Participating in Local Elementary School’s Career Day
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:9/2/2015)... ... September 02, 2015 , ... ... equipment, to creating professional commercial video content, to analysis of athletic performance. Producing ... events that go by too quickly to process with the naked eye. ...
(Date:9/1/2015)... -- The American Brain Tumor Association (ABTA) is now ... Grant program. LOIs are due no later than Wednesday, ... Discovery Grants are one-year, $50,000 grants that fund high ... diagnostic or treatment paradigms for adults and children with ... its earliest stages, in the hopes that it spurs ...
(Date:9/1/2015)... ... , ... In her thought provoking debut novel ‘ Ebola Vaccine Wars ’ ... with an Ebola pandemic that is on the cusp of wiping out humanity. Venice ... of counterterrorism, and who continues to appear in this series of books by Venice. ...
(Date:9/1/2015)... ... September 01, 2015 , ... Leading CEOs, CSOs, CMOs, ... management space join prominent academics and key investors for Neuro Advance Boston, October ... in Boston. , Neuro Advance Boston focuses on the latest developments and ...
Breaking Biology Technology:Fastec Introduces the Quad-HD TS5-Q High-Speed Camera 2Fastec Introduces the Quad-HD TS5-Q High-Speed Camera 3American Brain Tumor Association Seeks Innovative Concepts For Discovery Research Grants 2Alexi Venice’s Debut Novel Takes on the Human Testing of a Vaccine for Ebola and Revenge by an Anti-Big Pharma Terrorist Group in ‘Ebola Vaccine Wars' 2Alexi Venice’s Debut Novel Takes on the Human Testing of a Vaccine for Ebola and Revenge by an Anti-Big Pharma Terrorist Group in ‘Ebola Vaccine Wars' 3Neuro Advance Boston Brings Together Leading Neuroscience Experts on October 14 at Harvard Medical School 2
... of the ways Internet con artists may try to steal ... sites. Be on the alert these fakes may look ... look like they come from major financial institutions or charities. ... Listen to this episode (1.4-megabyte MP3) ...
... The trademark war continues over Google Inc.'s popular and ... links" that appear as a result of Google searches ... third parties. In my last article, I discussed a ... the trademarks of Geico Insurance to trigger sponsored links ...
... merged with STI Knowledge, an Atlanta-based provider of ... BPO company with offices in Norristown, Pennsylvania; Scottsdale, ... off from its parent Symphony Corp. , ,Symphony ... BPO services, with a particular expertise in the ...
Cached Biology Technology:Internet trademark war goes international 2Internet trademark war goes international 3
(Date:8/18/2015)... , Aug. 18, 2015  Navitas today ... contributor to the Submission Content Management webinar ... a non-profit forum. Dedicated to the Implementation of ... neutral platform for industry, vendors, health authorities, ... and work towards a standard method of ...
(Date:8/12/2015)... 12, 2015  New research unveiled at Black ... phones to steal users, fingerprints. Information released today ... fingerprint scanners on mobile devices, making the security ... biometrics on mobile devices, HYPR Corp. recently released ... authentication systems with strong cryptographic security. More information ...
(Date:8/6/2015)... 6, 2015  Today, U.S. Congressman Mike ... ™ to learn firsthand how Silicon Valley technologies ... is a world leader in multi-factor identity management ... helping federal agencies and commercial organizations achieve new ... "The vast majority of network breaches can ...
Breaking Biology News(10 mins):Navitas, a Key Contributor in IRISS Forum Webinar 2Navitas, a Key Contributor in IRISS Forum Webinar 3HYPR Corp. Addresses Android Vulnerability That Exposes Ecosystem-wide Biometric Security Challenges 2HYPR Corp. Addresses Android Vulnerability That Exposes Ecosystem-wide Biometric Security Challenges 3Rep. Honda to Visit Crossmatch in Redwood City 2
... Google searches, higher mathematics and computation are the warps ... University of Pennsylvania,s new graduate program in Applied Mathematics ... spotlight the frontiers of research and provide a resource ... be given by international leaders in subjects connected to ...
... the public can send their names around Earth on ... the effects of particles in the atmosphere and the ... Name Around the Earth" Web site enables everyone to ... names in orbit for years to come. The Web ...
... 25, 2008 Noted energy and environment experts are participating in ... implications of climate change for the world and for the Houston ... lecture series is free and open to the public and is ... The series started this week and is being held in room ...
Cached Biology News:Send your name around the Earth on NASA'S Glory mission 2Experts discuss climate change during UH lecture series 2
... AMPure is a magnetic bead-based ... no sample transfer, centrifugation or ... small and large PCR extension ... microplates. Agencourt AMPure can easily ...
... Agencourt AMPure is a ... that requires no sample transfer, ... efficiently purifies small and large ... or 384-well microplates. Agencourt AMPure ...
Includes a choice of any 3 EasySep mouse selection kits and EasySep magnet...
... RoboSep is the first instrument to offer true ... EasySep technology to isolate cells by either positive ... up to 4 samples at one time. RoboSep ... The intuitive graphical user interface makes it simple ...
Biology Products: