Bodisen Biotech Receives $4.2 MILLI0N in Contracts

14-Sep-2004

Yang Ling, China. Bodisen Biotech, Inc., announced that the company has recently received $4.2 MILLI0N in contracts for 3rd quarter 2004 product delivery from several wholesale customers.

Bodisen Biotech, a Delaware corporation, is a biotech company with proprietary technologies for developing, manufacturing and marketing environmentally friendly organic agricultural products for the Chinese markets.

Ms. Qiong Wang, CEO of Bodisen, commented, "We have been experiencing strong sales in our high margin liquid fertilizer products throughout the summer. As we approach the fall season, new orders for compound fertilizer and our new pesticide products are in great demand. We generated record earnings of $0.12 per share in the 2nd quarter. We look forward to a strong 3rd quarter."

Using proprietary technologies, Bodisen sells over 60 packaged products, broken down into 3 product categories: Organic Compound Fertilizer; Organic Liquid Fertilizer; and Pesticides & Insecticides. Bodisen's organic fertilizers can be absorbed by plants within 48 hours while enriching soil conditions without the damaging effects associated with chemical fertilizers.

Bodisen is headquartered in Shaanxi, China, an agricultural hub of China and the economic gateway to the western regions of China. The Bodisen brand is a highly respected organic brand in China. Its "green" products support the mandate of the Chinese national government to incr-ease crop yields for the purpose of decreasing China's dependency on food imports. Bodisen's products enjoy brand recognition and a price premium over competitive brands in China. With distribution in 20 provinces and an expanding geographic footprint, Bodisen is well positioned to take advantage of the growing demand for organic bio agricultural products in China.

https://www.bionity.com/en/news/39563/bodisen-biotech-receives-4-2-milli0n-in-contracts.html