Sino Agro Food, Inc. Launches "Green and Natural" Dairy Products in Beijing, China

GUANGZHOU, China--(BUSINESS WIRE)--Sino Agro Food, Inc. (Pink Sheet:SIAF), an emerging integrated, diversified agriculture technology and organic food company with subsidiaries operating in China, is pleased to announce it has begun retail trials of its “Green and Natural” dairy products. The Company has registered the label “Green and Natural” for its line of fully organic dairy products to be sold in neighboring Beijing, China. The Company, through its 78% owned subsidiary ZhungXing Cattle Husbandry Co. Ltd., has begun producing three lines of products consisting of up to 12 varieties. The Company plans to produce approximately 600 tons, or 3% of total 2009 dairy production, to be used for trials during the remainder of 2009. For more information on these products please visit the link below.“Green and Natural” Dairy ProductsIn late 2007, ZhungXing Cattle Husbandry Co. Ltd. was certified as the best 100% pure milk of the Country by the Agriculture Department of China and became an approved supplier for the 2008 Olympic Games. ZhungXing is one of the very few dairy farms that produce organic milk in China and as a result operations were not interrupted as a consequence of...
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Sino Agro Food, Inc. Announces 3rd Quarter Results, Outpaces Net Profit for Entire Year 2008

rd th, 2009, the company reported revenue of $13.1M, representing 85% of the $15.5M total revenue generated in 2008. Gross profit during the same period was $9.1M, representing an 18% increase over $7.8M in fiscal year 2008. Net Revenue for the nine months ending was $4.2M, representing an 8% current gain over the $3.9M in fiscal year 2008. Earnings per share for the nine months ending were $.08 versus $.07 for entire fiscal year 2008.rd quarter due to the limited requirements for cultivation, fertilizer and seedlings.Net assets grew 8% to $55.3M or $1.04 per share in the nine month period ending 2009 from $51M, or $.96 per share for fiscal year 2008. The Company’s debt to equity ratio was reduced to 32.2% during the nine months ending from 34% in fiscal year 2008.The Company will post the complete financial report to pinksheets.com in the near future.Mr. Lee Solomon, Sino Agro Food, Inc. CEO, stated, “Management will focus on two areas that will improve the Company’s bottom line moving forward. First, we will continue to develop and cultivate additional land to increase our livestock feed output. Second, we will begin developing a marketing network to launch our dairy products into the retail markets of Beijing City which is only 90 kilometers away from our dairy farm and processing center. By shifting a portion of our bulk sales to retail, we will be able to increase our revenue even further.”Beacon Equity Research recently published an equity report providing an overview of Sino Agro Food, Inc. This report may be viewed at ...
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ZhungXing Cattle Husbandry Co. Ltd. to Add 1,800 Head of Cattle Increasing Dairy Production Output up to 23%

GUANGZHOU, China--(BUSINESS WIRE)--Sino Agro Food, Inc. (Pink Sheet: SIAF), an emerging integrated, diversified agriculture technology and organic food company with subsidiaries operating in China, is pleased to announce the Company’s 78% owned subsidiary ZhungXing Cattle Husbandry Co. Ltd. has paid the required deposit to import 1,800 head of cattle from Uruguay. The shipment is scheduled for delivery February 2010. The Company currently has 3,500 milking cows in production, 1,400 milking cows on standby, 1,200 in nursery and 880 beef cattle. This latest shipment will bring the total cattle and milking herd to over 8,700. This will represent a 23% increase in dairy production capabilities.Mr. Lee Solomon, Sino Agro Food, Inc. CEO, stated, “By importing quality cattle from Uruguay, the imported cattle will be used to breed a more productive herd. The breeding cycle takes up to three years, by which time we expect to increase our production from 6.89 tons of milk per cow to 8.5 tons by 2013. This will allow us to increase production while maintaining the same unit cost of production thereby increasing both our gross and net profits.”Beacon Equity Research recently published an equity report providing an overview of Sino Agro Food, Inc. This report may be viewed at http://siafchina.com/do...
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Heng Sing Tai Agriculture Development Co. Ltd. Revenue Expected to Grow 300% by 2010

GUANGZHOU, China--(BUSINESS WIRE)--Sino Agro Food, Inc. (Pink Sheets:SIAF - News), an emerging integrated, diversified agriculture technology and organic food company with subsidiaries operating in China, is pleased to announce the Company’s 75% owned subsidiary Heng Sing Tai Agriculture Development Co. Ltd., based on expansion efforts and completed dryer construction, is expected to increase revenue by as much as 300% for the 2010 harvest season. A total harvest of 60,000,000 Hylocereus Undatus flowers, also known as “Dragon Fruit,” is expected for the 2010 season. The company currently has 100 acres under production for the 2010 season. The company recently added 4 new dryer units and plans to complete construction on 10 additional dryer units later this year.Shareholder reports are available at the links below.HU Planting Fields...
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Sino Agro Food, Inc. Announces Construction Begins on HuangYuan China, SanJing Joint Venture Agriculture Project

GUANGZHOU, China--(BUSINESS WIRE)--Sino Agro Food, Inc. (Pink Sheet:SIAF), an emerging integrated, diversified agriculture technology and organic food company with subsidiaries operating in China, is pleased to announce construction efforts are underway on the QingHai, HuangYuan, SanJing APower United Corporation Ltd. joint venture project. Shareholders are being provided detailed reports on the various projects underway, including project photos. To view these reports please use the links below.Staff Quarters and Workers HousingDemonstration Cattle Yards...
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Hang Sing Tai Agriculture Development Co. Ltd. Expands Production Capabilities, Completes Installation of Additional Dryer Units

GUANGZHOU, China--(BUSINESS WIRE)--Sino Agro Food, Inc. (Pink Sheets:SIAF - News), an emerging integrated, diversified agriculture technology and organic food company with subsidiaries operating in China, is pleased to announce Hang Sing Tai Agriculture Development, a 75% owned subsidiary of Sino Agro Foods, Inc., has expanded its production capabilities by installing additional dryer units. Hang Sing Tai Agriculture Development operates a 490-acre Hylocereus Undatus (“HU”) flower plantation. HU flowers, also known as “dragon fruit”, are popular in China for their perceived medicinal benefits. The Company recently completed construction of 4 new additional dryer units. These new units will increase the amount of product that can be dried, which will result in less product spoilage, longer shelf life and expanded distribution during winter months.The Company is also nearing completion on the construction of additional cooling rooms, as well as improvements to infrastructure such as roads, loading and discharging bays, open storage areas and drainage. An additional 50 acres are also expected to be added for the 2010 season. The Company expects total renovation and development costs to run approximately $2M U.S. dollars of which are being funded through retained earnings from ongoing operations and China Government subsidies.Mr. Lee Solomon, Sino Agro Food, Inc. CEO, stated, ...
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HuangYuan, China Government to Increase Resources and Subsidies to SanJing Joint Venture Agriculture Project

GUANGZHOU, China--(BUSINESS WIRE)--Sino Agro Food, Inc. (Pink Sheets:SIAF - News), an emerging integrated, diversified agriculture technology and organic food company with subsidiaries operating in China, is pleased to announce HaungYuan County in Qinghai Province, China, under the administration of Xining City, has agreed to provide additional resources and subsidies to SanJiang A Power Agriculture Development Co. Ltd., a subsidiary of Sino Agro Food, Inc.. The Huangyuan Government will provide the project site, which is situated within close proximity of the town centre of HuangYuan District, rental free for a minimum period of 2 years, upgrade the existing internal main roads and electricity supply at the expense of the Government. The site has approximately 175 Mu (or equivalent to 115,000 m2) of land zoned for semi-industrial and commercial application. The site is fully fenced and serviced with all basic infrastructure, containing over 30 buildings measuring from 600 m2 to 750 m2 per building totaling over 21,000 m2 of built up areas. All buildings are in excellent condition and were built to serve as storage facilities for a railway transportation hub that ceased operation approximately 6 years ago.Under the terms of the agreement, a new joint venture group will be formed. The proposed name of the new joint venture is QingHai, Huangyuan, SanJing APower United Corporation Ltd, in which Sino...
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Sino Agro Food, Inc. Provides Shareholder Progress Report

GUANGZHOU, China--(BUSINESS WIRE)--Sino Agro Food, Inc. (Pink Sheets:SIAF - News Beacon Equity Research recently published an equity report providing an overview of Sino Agro Food, Inc. This report may be viewed at http://siafchina.com/download/SIAF.pdf. Additional information about the Company may be obtained at http://www.pinksheets.comABOUT SINO AGRO FOOD, INC.Sino Agro Food, Inc. (“SIAF”) (...
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Sino Agro Food, Inc. Completes 2006-2007 Financial Audit

GUANGZHOU, CHINA--(Marketwire - 07/06/09) - Sino Agro Food, Inc. (Pinksheets:SIAF - News), an emerging integrated, diversified agriculture technology and organic food company with subsidiaries operating in China, is pleased to announce it has completed the audit of its 2006-2007 financial statements. The company will now turn its attention towards completing the audit of its 2008 financial statements. The company also expects to report 2009, 1st Quarter results shortly. Mr. Lee Solomon, Sino Agro Food, Inc. CEO, stated, "Completing the 2006 through 2007 audit of the Company's financial statements is a huge step towards our short term goal of being quoted on the OTCBB and future desire to move towards a NASDAQ listing. This was our biggest hurdle as the audit involved accounting for our previous acquisitions and translating the Company's financial statements to GAAP accounting standards."Highlights for 2007 audited financials.Income Statement� -- Revenue of $16.2M US Dollars -- Gross Profit of $12.2M US Dollars -- Net Income of $3.1M US Dollars -- $0.06 Diluted Earnings Per Share Balance Sheet� -- Assets $62.8M US Dollars -- Liabilities $15.7M US Dollars -- Stockholders' Equity $47.1M US Dollars -- $0.89 Book Value Per Share ...
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Sino Agro Food, Inc. Signs Joint Venture With China State Owned SanJiang Agriculture Co. Ltd

GUANGZHOU, CHINA--(Marketwire - 06/19/09) - Sino Agro Food, Inc. (Pinksheets:SIAF - News), an emerging integrated, diversified agriculture technology and organic food company with subsidiaries operating in China, is pleased to announce that it has signed a Joint Venture with SanJiang Agriculture Co. Ltd., a China State owned agriculture company. SanJiang A Power Agriculture Development Co. Ltd., a subsidiary of Sino Agro Food, Inc., holds a 45% equity interest in the project. The Joint Venture allows SanJiang Agriculture Co. Ltd. to license the Company's Bio-Organic Fertilizer and Stock-Feed technology. The technology provides for the processing of agricultural waste products (i.e. corn stems, sunflowers stems, rice stems, wheat stems, sweet potatoes leaves, peanut leaves etc.) through a series of germination processes converting the wastes into nutritional feed stocks suitable for the consumption of cattle and sheep. The finished product has a long shelf life, high nutritional value and can be stored outside without being affected by rain or snow. The byproduct of this process is then used to manufacture the Company's Bio-Organic Fertilizer.This project is estimated by us to produce approximately 2,000 tons of Feed Stock, 2,000 tons of Organic Fertilizer and 4,000 tons of Combined Fertilizer in 2009, with production growing to over 100,000 tons of Feed Stock, 45,000 tons of Organic Fertilizer, 90,000 tons of Combined Fertilizer and 50,000 tons of special Dairy Cow Feed by 2012.The Company will receive rebates up to ...
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