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8 Mar 2011 09:30
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8 March 2011
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Asian Citrus Holdings Limited
("Asian Citrus" or "the Company")
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Asian Citrus achieves 10% increase in average selling price and increases
orders by 1% of 2011 Summer Orange crop
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Asian Citrus announces that it has now concluded its negotiations on the pricing of its forthcoming summer crop and that it has achieved an average selling price increase of approximately 10% year on year.
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The Group will supply a total of 73,000 tonnes of summer oranges in the first half of 2011 which includes recently signed supply agreements. This is an increase of approximately 1% in comparison to the actual production output of 72,408 tonnes in the same period last year.
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For further enquires:
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Asian Citrus | Β |
Eric Sung, Finance Director | +852 2559 0323 |
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Nandita Sahgal, Jonathan Wright (NOMAD) | 020 7101 8000 |
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Weber Shandwick Financial | 020 7067 0700 |
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