AgFeed Industries, Inc. Announces First Quarter Results
NEW YORK, May 11 /PRNewswire-Asia/ -- AgFeed Industries, Inc. (Nasdaq: FEED, NYSE Alternext: ALHOG), one of the largest independent hog production and animal nutrient companies in China, today announced its results for the first quarter of 2010.
Zhongpin Reports Higher Results for the First Quarter 2010
CHANGGE and BEIJING, China, May 7 /PRNewswire-Asia-FirstCall/ -- Zhongpin
Inc. ("Zhongpin", Nasdaq: HOGS), a leading meat and food processing company in
the People's Republic of China, today reported higher revenues, net income,
and diluted earnings per share for the first quarter of 2010 compared with the
first quarter of 2009.
First Quarter 2010 and recent highlights:
-- Net sales revenues increased 32.8 percent in the three months ended
March 31, 2010 to $204.3 million from $153.8 million in the first
quarter 2009.
-- Net income increased 37.1 percent to $13.3 million in the first quarter
2010 from $9.7 million in the first quarter 2009.
-- Basic and diluted earnings per share increased...
Sick feeling for swine producers: Porkers put in bad light
The so-called swine flu sweeping around the globe appears less deadly now than health officials first believed, but fear over the new flu strain may deal another kind of deadly blow - to pork producers.
