ALRC Reports Revenue Increase of 61% ...

 

April 13/09 -- American Lorain Corporation (OTC Bulletin Board: ALRC "American Lorain" or the "Company"), an international processed foods company based in Shandong Province, People's Republic of China ("PRC"), announced its financial results for the fourth quarter and fiscal year ended December 31, 2008. Full year 2008 revenue increased 61.2% year-over-year to $132.4 million. "The fourth quarter is our seasonally strongest quarter as chestnut harvesting and sales peak this time of year," said Mr. Si Chen, Chairman and CEO of American Lorain. "Growth in the quarter was mainly due to our strong domestic sales responding to the demand for our products in China and our strategy to transfer our domestic sales to agents. For the fourth quarter of 2008, our domestic sales increased 135.6% in spite of the economic slowdown in China." About American Lorain Corporation; American Lorain Corporation ("American Lorain" or the "Company") is a Delaware corporation that develops, manufactures and sells various food products. The Company's products include chestnut products; convenience foods (including cut fruit and premixed salads, ready-to-cook meals, and ready-to-eat meals); and frozen, canned and bulk foods. The Company currently sells over 234 products to 26 provinces and administrative regions in China as well as to 42 foreign countries. The Company operates through its four direct and indirect subsidiaries and one leased factory located in China. Contact: Web Site: http://www.americanlorain.com  Source.