SkyPeople Fruit Juice, Inc (SPU) SEC Filing 10-Q Quarterly report for the period ending Thursday, June 30, 2016

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Exhibit 99.1
For more information, please contact:
Xin Ma, CFO
SkyPeople Fruit Juice, Inc.
Tel:   China + 86 - 29-8837-7161
David Rudnick, Account Manager
CCG Investor Relations
Tel: US +1- 646-626-4172    
SkyPeople Fruit Juice Provides Fiscal 2012 Financial Guidance
XI'AN , China , August 29, 2012 /PRNewswire-Asia-FirstCall/ -- SkyPeople Fruit Juice, Inc. (NASDAQ: SPU - News) ("SkyPeople" or "the Company"), a producer of fruit juice concentrates, fruit juice beverages and other fruit-related products, today announced that it is initiating financial guidance for the fiscal year 2012.
Based on the current business outlook, the Company forecasts revenue to be in the range of $90 million to $110 million, net income attributable to SkyPeople Fruit Juice, Inc. to be in the range of $16.2 million to $22.0 million and fully diluted earnings per share to be in the range of $0.61 to $0.83.
“Sustained customer demand across a range of our processed fresh fruit product lines should enable us to achieve our guidance expectations for the year 2012,” said Chief Executive Officer, Mr. Yongke Xue.
The Company assesses its financial guidance using a variety of factors that include the current macroeconomic environment in China, the industry in which the Company competes, and detailed analysis of a large number of operational factors. These factors are subject to change. In particular, exogenous factors such as weather and its effect on fresh fruit growing seasons play a large role in the Company’s achievement of its operating objectives. Although the Company’s current planning and guidance expectations are consistent with management’s long-term operating and business objectives, management reserves its right to reassess its guidance from time to time based on the changing factors that impact the Company’s business and operation.
About SkyPeople Fruit Juice, Inc.
SkyPeople Fruit Juice, Inc., a Florida company, through its wholly-owned subsidiary Pacific Industry Holding Group Co., Ltd. (“Pacific”), a Vanuatu company, and SkyPeople Juice International Holding (HK) Ltd., a company organized under the laws of Hong Kong Special Administrative Region of the People’s Republic of China  and a wholly owned subsidiary of Pacific, holds 99.78% ownership interest in SkyPeople Juice Group Co., Ltd. (“SkyPeople (China)”). SkyPeople (China), together with its operating subsidiaries in China,  is engaged in the production and sales of fruit juice concentrates, fruit beverages, and other fruit related products in the PRC and overseas markets. Its fruit juice concentrates are sold to domestic customers and exported directly or via distributors. Fruit juice concentrates are used as a basic ingredient component in the food industry. Its brands, “Hedetang” and “SkyPeople,” which are registered trademarks in the PRC, are positioned as high quality, healthy and nutritious end-use juice beverages. For more information, please visit


The following information was filed by SkyPeople Fruit Juice, Inc on Wednesday, August 29, 2012 as an 8K 2.02 statement, which is a press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-Q Quarterly Report statement of earnings and operation as management may choose to highlight particular information in the press release.

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  • Form Type: Quarterly
  • Number of times amended: 0
  • Accession Number: 0001213900-17-000237
  • Submitted to the SEC: Wednesday, January 11, 2017
  • Accepted by the SEC: Wednesday, January 11, 2017
  • Period Ending: June 2016

SPU Morningstar

SkyPeople Fruit Juice, Inc

$5.78 -0.01 (-0.15%)

Day's Range:
$5.69 to $5.90

52-Week Range:
$1.62 to $20.95


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PEG / Short / PE Ratios:
0.00 / 4.33 / N/A

Market Cap:

Book Value: