American Lorain Corporation (AMEX:ALN) announced financial results for its second quarter ended June 30, 2011. Q2 2011 Financial Highlights: Total revenues of $35.7 million, an increase of 22.3% year over year, Gross margins decreased slightly to 21.4%, compared to 23.0% year-over-year and 22.7% at 12/31/2010, Net income attributable to common stockholders of $3.3 million, up 21.8% year-over-year & Diluted earnings per share of $0.09.
American Lorain Corporation develops, manufactures, and sells various food products in China and internationally.
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August 18th, 2011 at 01:05 pm