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Last $0.17 USD
Change Today 0.00 / 0.00%
Volume 0.0
CHFR On Other Exchanges
Symbol
Exchange
OTC US
As of 8:10 PM 08/19/15 All times are local (Market data is delayed by at least 15 minutes).

china fruits corp (CHFR) Snapshot

Open
$0.17
Previous Close
$0.17
Day High
$0.17
Day Low
$0.17
52 Week High
09/16/14 - $14.75
52 Week Low
08/7/15 - $0.15
Market Cap
355.4K
Average Volume 10 Days
1.0K
EPS TTM
$0.28
Shares Outstanding
2.1M
EX-Date
--
P/E TM
0.6x
Dividend
--
Dividend Yield
--
Current Stock Chart for CHINA FRUITS CORP (CHFR)

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china fruits corp (CHFR) Details

China Fruits Corporation manufactures, trades, and distributes fresh tangerines and other fresh fruits for retail consumers and wholesale buyers in the People’s Republic of China. The company distributes its products through franchise stores and e-commerce business. As of December 31, 2014, it had 64 franchise stores. The company is headquartered in Beijing, the People’s Republic of China.

60 Employees
Last Reported Date: 05/20/15

china fruits corp (CHFR) Top Compensated Officers

Chairman, Chief Executive Officer and Preside...
Total Annual Compensation: $13.7K
Compensation as of Fiscal Year 2014.

china fruits corp (CHFR) Key Developments

China Fruits Corp. Reports Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2015

China Fruits Corp. reported unaudited consolidated earnings results for the first quarter ended March 31, 2015. The Company reported that total gross Revenues were $5,850,335 for the three months ended March 31, 2015, compared to gross revenues of $8,015,860 for the same period ended March 31, 2014. The decrease in revenues during the first quarter of 2015 was due primarily to the decrease in revenues from overseas markets. The Company had a net loss of $802,846 or $0.15 per diluted share for the three months ended March 31, 2015, compared to net income of $114,711 or $0.06 per diluted share for the three months ended March 31, 2014. The net loss during the first quarter of 2015 was due to insufficient gross profit to cover a number of relatively fixed operating expenses. Net cash provided by operating activities was $355,911 compared to net cash used in operating activities of $2,382,555 a year ago. Purchase of property and equipment was $358,977 compared to $10,225 a year ago. Loss from continuing operations was $828,620 compared to $7,064 a year ago. Loss from continuing operations before income taxes was $759,519 compared to income from continuing operations before income taxes of $195,327 a year ago.

China Fruits Corp. Announces Executive Changes

On May 13, 2015, China Fruits Corp. announced the appointment of Mr. Li, Lin Feng to the position of Chief Financial Officer of the company as approved by the Board of Directors, and effective immediately. Mr. Li is a certified public accountant in China, member of the Association of Chartered Certified Accountants. From July of 1990 through May of 2015, Mr. Li worked in North China Petroleum Administration Bureau; Hua Jian Certified Public Accountants Co.; Beijing Huarong Culture Investment Company and Beijing Meiying Huada Investment Advisory Co. Ltd. at the positions as Accounting Manager, Project Manager, Chief Financial Officer and General Manager in Investment Department. Mr. Li has more than ten years experiences in Financial Management, has worked in the position as Chief Financial Officer for more than five years, and has worked in the CPA firm as an auditor for more than three years. Mr. Li worked as Chief Financial Officer of the Registrant from August 2010 through August 2011, other than which, the Registrant discloses that there are no transactions during the last two years, or proposed transactions, to which the Registrant was or is a party, in which Mr. Li had or is to have a direct or indirect material interest. On May 13, 2015, Mr. Li, Ze resigned as Chief Financial Officer of the Registrant as approved by the Board of Directors, and effective immediately.

China Fruits Corp. announced delayed 10-Q filing

On 05/15/2015, China Fruits Corp. announced that they will be unable to file their next 10-Q by the deadline required by the SEC.

 

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