This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

CORRECTION -- Le Gaga Second Quarter FY 2011 Earnings Release

HONG KONG, Nov. 29, 2010 (GLOBE NEWSWIRE) -- In a press release issued earlier today by Le Gaga Holdings Limited (Nasdaq:GAGA), a figure in the "Reconciliation of Non-IFRS adjusted cost of inventories sold to cost of inventories sold" table was incorrect. The cost of inventories sold for the six months ended September 30, 2010, in U.S. dollars, should be (24,376). The corrected table follows:
Le Gaga Holdings Limited
Reconciliation of Non-IFRS adjusted cost of inventories sold to cost of inventories sold
For the three months and six months ended September 30, 2009 and 2010
  Three Months Ended September 30, Six Months Ended September 30,
  2009 2010 2009 2010
  (In thousands, except per share data or otherwise specified)
Cost of inventories sold (55,236) (83,836) (12,531) (99,012) (163,087) (24,376)
Less: biological assets fair value adjustment 34,190 49,820 7,446 57,305 99,277 14,839
Adjusted cost of inventories sold (21,046) (34,016) (5,084) (41,707) (63,810) (9,537)
          Jane Liu
            (852) 2522 1838
          Henry Chik
            (852) 2522 1368

Le Gaga Holdings Logo

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AAPL $95.03 -2.90%
FB $116.73 7.20%
GOOG $691.02 -2.10%
TSLA $247.54 -1.60%
YHOO $36.59 -0.97%


Chart of I:DJI
DOW 17,830.76 -210.79 -1.17%
S&P 500 2,075.81 -19.34 -0.92%
NASDAQ 4,805.2910 -57.85 -1.19%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs