Archive for the ‘ALN’ Category

Chestnut Seller American Lorain Expands Its Reach Across China

American Lorain Corporation (NYSE Amex: ALN) is an international processed foods company based in the People’s Republic of China. The Company develops, manufactures, and sells chestnut products, convenience foods, and frozen, canned and bulk food. The leading items sold to convenience stores are open-bottom and sweetheart chestnuts, and various bean and rice products.

American Lorain projects strong 2010 revenue and earnings growth

American Lorain Corporation, an international processed foods company based in Shandong Province, People’s Republic of China, met its revenue goal of $146M to $148M for the 2009 year by reporting $146.8M in net revenues, up 10.9% from $132.4M in 2008.

American Lorain Expects 25-30 Percent Boost in 2010 Sales and Earnings

American Lorain is a leading processed foods company operating in the People’s Republic of China. Company management recently reaffirmed its expectations of 25-30% gains in 2010 sales and earnings.