Emerald Dairy (EMDY) Reports Net Income Rose for 2009 Q3
November 17, 2009 7:00 AM
Emerald Dairy, Inc (OTC : EMDY), a leading producer and distributor of infant and children's formula, milk powder and soybean products in China, announced net income rose for the third fiscal quarter and first nine months ended September 30, 2009.
Net income for the three-month period ended September 30, 3009 rose to $884,625, up from $808,067 for the same period in 2008. For the nine-month period ended September 30, 2009, net income rose to $3,700,467 from $1,509,235 for the same period in 2008.
Emerald Dairy Inc. (EMDY) is a producer and distributor of infant and children's formula, milk powder and soybean products in the People's Republic of China. The Company's products are sold under two brand names -- "Xing An Ling," designed for high-end customers, and "Yi Bai," designed for middle and low-end customers.
