China Green Agriculture, Inc. (CGAG.OB), a producer of humic acid based liquid fertilizer in China, reported fourth quarter and fiscal 2008 financial results this morning. Fourth quarter revenues rose 18.1% year-over-year to $7.2 million. For the full year, revenues totaled $22.6 million, an improvement of 48.9% over 2007. Net income for the quarter was $1.3 million, or 7 cents per share, a decline of 53.9% year-over-year. Full-year net income was $7.7 million, or 53 cents per share, an increase of 12.4% vs. 2007.

“We are pleased to complete China Green Agriculture’s first year as a publicly listed company with solid top line growth,” stated Tao Li, chairman, president and chief executive officer of the company. “Due to the high demand of our products, we have expanded our distributor network over the last year and have continued to develop highly effective, specialized fertilizers based on market demand. During