DFM dongfang modern agriculture holding group limited

Do not believe super sceptic.

  1. 1,194 Posts.
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    the company is not under reporting revenue.

    Also, spoke to someone in China, and the retail price for "manderin oranges" or tangerines from jiangxi is 15 rmb per kilo. So that's approx $3 aud per kg. In Australia they range from $4-5 Aud per kg. Price seems inline to me.

    Ok now to dfms numbers. 2015/16 = 142 000 tons = 142,000,000 kg .

    They made approx 125m rev from tangerines, so they are getting just under $1 a kg.

    So in summary, don't believe this idiot, the company is not under reporting revenue. End consumer pays $3 a kg. Dongfang sells it for under $1. Retailer makes $2. All legit.
 
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