(EMAILWIRE.COM, November 20, 2008 ) DALLAS, Texas - BeaconEquity.com announces the publication of “China Agri-Business Reports Financial Results for the Q3 and Nine-Months Ended September 30, 2008.”

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In the article the author writes:

"Revenue for the third quarter decreased to $612,301, or -21.6%, from $781,103 reported for the same period last year. For the nine-month period ended September 30, 2008, revenue declined to $2,134,491, or -2.5%, from $2,190,006 for the same period of 2007.”

China Agri-Business faults atypical weather conditions for its decrease in revenue:

“The company cites unusual weather conditions for the decrease in revenue in its Sichuan, Hunan and Hubei provinces, which included a harsher than normal winter for the months of January and February; an earthquake in China’s province of Sichuan in mid-May; and extensive flooding in the country’s central and southern regions during the months of May and June. Sales in the Sichuan, Hunan and Hubei provinces contributed approximately 30% of the company’s sales.China Agri-Business Inc. (OTCBB: CHBU), maker and distributor of agricultural products, reported fiscal 2008 third-quarter earnings ended September 30, 2008.”

To read the entire article visit http://www.beaconequity.com/m – Click on News and Commentary

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Source: BeaconEquity.com

Beacon Equity Research
Jeff Bishop, (469)-252-3505
press@beaconequity.com

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