CHINA: American Dairy Maintaining Fast Pace
- Net Income increase of 95% to $2.8 million
- Revenue increase of 57% to $15.1 million
- Operating income increase of 92% to $2.8 million
- Increased milk processing capabilities with the successful acquisition of assets from Royal Numico nv.
The company says it successfully executed price increases on several product lines, which helped contribute to the revenue growth during the quarter.