January 12, 2010
China Kangtai Q4 cactus hog feed sales better than expected
China Kangtai Cactus Biotech Inc, a vertically integrated grower, developer, manufacturer and marketer of a variety of cactus-based products in China, announced Monday (Jan 11) that revenues from the cactus hog feed launched in the fourth quarter of 2009 have exceeded initial sales estimates.
By the end of 2009, the company's newly patented cactus hog feed had generated sales of approximately US$386,000 compared with the company's initial expectations of US$330,000.
Studies of animal nutrition and immunology have shown that cactus-derived feed provides nutrition, boosts immune systems and prevents inflammatory illnesses.
Following the successful launch of cactus cattle, fish and hog feed, the company plans to launch a poultry feed product in 2010, China Kangtai CEO Wang Jinjiang said.
He added that the sales for all four of these animal feed products are projected to reach US$4.4 million in 2010.