logo
Share SHARE
FONT-SIZE Plus   Neg

SkyPeople Fruit Juice FY12 Profit Rises

SkyPeople Fruit Juice, Inc. (SPU) reported net income for the fiscal year 2012 of $18.2 million or $0.68 per share, compared to $13.2 million or $0.50 per share for the fiscal year 2011.

Total revenue for the fiscal year 2012 rose 22% to $102.4 million from $84.0 million the prior year, mainly due to an increase in sales of concentrated pear juice, fruit juice beverages and fresh fruit and vegetables which was partially offset by a decrease in the sales of concentrated kiwifruit juice and kiwifruit puree and concentrated apple juice and apple aroma.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Best Buy Co., Inc. (BBY) reported first-quarter non-GAAP earnings per share from continuing operations of $0.44, an increase of 19% from $0.37, a year ago. On average, 21 analysts polled by Thomson Reuters expected the company to report profit per share of $0.35 for the quarter. Analysts' estimates typically... Automotive parts retailer AutoZone, Inc. on Tuesday reported a 6 percent increase in profit for the third quarter from last year, reflecting growth in sales and higher inventory on new store openings. However, both revenue and earnings per share for the quarter missed analysts' expectations. Toll Brothers, Inc. (TOL), the nation's leading builder of luxury homes, reported second-quarter net income of $89.1 million, or $0.51 per share, compared to $67.9 million, or $0.37 per share, prior year. Pre-tax income increased to $140.4 million from $86.5 million. On average, 18 analysts polled by...
comments powered by Disqus
Follow RTT