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Chai-Na-Ta Corp. Reports 2005 Third Quarter Results.

Publication: Business Wire
Publication Date: 14-NOV-05
Format: Online
Delivery: Immediate Online Access

Article Excerpt
RICHMOND, British Columbia -- (All amounts are in Canadian dollars)

Chai-Na-Ta Corp. (TSX:CC)(OTCBB:CCCFF), the world's largest supplier of North American ginseng, today announced third quarter 2005 net loss of $3.8 million, or $0.16 per basic share, compared to a net earnings of $252,000, or $0.01 per basic share, in the quarter ended September 30, 2004.

Revenue rose to $4.5 million in the 2005 third quarter from $2.7 million in the corresponding period last year.

Gross profit margin was 5% of sales revenue in the 2005 third quarter compared to...

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