Yuhe International Raises 2010 Net Income Guidance to $18.5M

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Yuhe International, Inc.
YUII
today announced that the Company has raised its net income guidance for fiscal year 2010, ending December 31, 2010. The Company raised its net income guidance for fiscal year 2010 to $18.5 million, up from previously announced $17 million. The raised guidance represents growth in net income of 44.5% as compared with fiscal year 2009. The Company expects the production volume of day-old broilers to be 145 million heads for fiscal year 2010, slightly down for 0.5% from previously expected 150 million day-old broilers. The updated guidance does not take into account of the impact of any potential acquisitions.
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