Replies to post #29345 on Sino Agro Food Inc (fka SIAF)

[RealDutch]

It's 1,500MT per year. Or 500MT per 4 months.

So it should be 1,500,000 * $10.81 in your example, which should be right.

[treit2002]

No.

Basically, you multiplied by 3 twice, when it should be once.

You don't make $32.43/kg when you sell them for $27.00/kg.

Calcs are simpler:

Gross revenue = 1,500,000 * 27 = $40.5M
Net = 1,500,000 * $10.81 = $16,215,000