date:May 26, 2014
ns, while the average selling price decreased by 15.7% year-over-year to RMB372 per ton.
* Revenue from crude corn oil increased by 40.6% to RMB45.4 million ($7.4 million) in the first quarter of 2014, compared to RMB32.2 million in the first quarter of 2013. The sales volume of crude corn oil in the first quarter of 2014 increased by 43.2% year-over-year to 6,034 tons, while the average selling price decreased by 1.8% year-over-year to RMB7,517 per ton.
* We began generating revenue from our