Andatee China Marine Fuel Services Announces Third Quarter EPS of $.27

Andatee China Marine Fuel Services Corporation AMCF today announced financial results for the third quarter ended September 30, 2010.

Third Quarter 2010 Highlights

• Revenue increased 78.5% to approximately $57.5 million
• Gross profit was  up 52.8% to $5.7 million
• Income from operations was $3.8 million, up 63.4% from $2.3 million in the same period of 2009
• Operating margin was 6.7%
• Net income attributable to Andatee shareholders was $2.6 million, increased 73.5%
• Earnings per share was approximately $0.27