China Yingxia's net income climbs 131% in Q3 - ResearchInChina

Date:2007-11-28liaoyan  Text Size:
China Yingxia International, Inc, a Chinese enterprise primarily engaged in the development, production and sales of nutritional health products, reported its third quarter financial results that ended Sep. 30, 2007.

For the period, net income before taxes jumped by 131% to US$1.71 million, as compared to US$0.74 million in the previous year. Meanwhile, revenue increased by 89% to US$3.51 million, compared to US$1.85 million for the third quarter in 2006.

The company will be hosting a conference call at 9:00AM Eastern on Nov. 26. Jiao Yingxia, China Yingxia's CEO, commented that the company is pleased to launch its soybean product lines during the third quarter, as well as its products targeted for diabetics and those plagued with kidney ailments.

The group's principal products include soybean related food and drinks, longgu golden millet enriched products, personal care products, Nestle products and organic rice products.

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