Taihua Plc Update (0466Z)

TIDMTAIH

RNS Number : 0466Z

Taihua Plc

23 May 2016

Taihua plc

("Taihua" or the "Company")

Update

Taihua confirms that its Forsythia plantation experienced adverse weather conditions last week. It snowed in the area of Qingling Mountain where Taihua's Forsythia plantation is based.

At this stage, it is too early to determine the actual impact on the 2016 Forsythia harvest but it is anticipated that, as a consequence of the snow and the associated frost, the volume of the Forsythia harvest will be reduced. Further updates will be provided in due course when the full impact is known

In the year ended 31 December 2015 the sales of Forsythia were RMB 27.4m

ENDS

Enquiries:

   Nicholas Lyth, Taihua plc                                            0776 990 6686 
   Katy Mitchell, WH Ireland Limited                               +44 161 832 2174

This information is provided by RNS

The company news service from the London Stock Exchange

END

MSCBSGDURXDBGLX

(END) Dow Jones Newswires

May 23, 2016 10:40 ET (14:40 GMT)

Grafico Azioni Taihua (LSE:TAIH)
Storico
Da Mag 2024 a Giu 2024