By ANGELA TAN
China Farm Equipment Limited reported on Wednesday that its net profit for the second quarter 2010 fell 24.41 per cent from a year ago to RMB11.11 million.
Sales slipped 7.33 per cent to RMB101.95 million due to the lower sales volume of combine harvesters and diesel engine as a result of the massive flood in early May 2010 in the southern part of China.
Dividend : None
