Sino Agro Food Inc (fka SIAF)

[viking86]

show me a single project that made a few MM profit in the second year. FF1 which is the only project completed and probably the most profitable one so far started in Jan 2010 and finished BASIC construction End of 2010. It started selling its first fish in Q4'11. Total sales about 200MT in 2011 or about 40% of its design capacity. Last year, its 3rd year, target production was 500MT. Not sure how much profit is that? I would like to see somebody show me real sales rev and profit numbers before talking about accretive in first or second year. JMO