China Agri announces 2019 Interim Results

China Agri-Industries Holdings Limited hosted Board Meeting on 29 March and approved the resolutions of 2019 interim results, dividends payment and other issues. Results announcement meeting were also conducted in Hong Kong afterwards to discuss business with investors.

China Agri continued to implement existing strategy to promote the development of branded business, and address the business challenges with its integrated value chain. Leveraging the sound supplier network, comprehensive production capacity and mature customer channels that have been built up through years of effort, the Company kept expanding business scale. Total sales volume of major products increased year-on-year to 12.735 million metric tons, with more branded products sales as well.

China Agri conducted capacity consolidation to enhance leading position and competitiveness. The newly acquired plants operated smoothly with the supports of sales growth, maintaining high comprehensive capacity utilisation rate

Directors of the Board and senior management attended the Board Meeting and relevant events.