Yuhe International, Inc. Announces Third Quarter EPS of $.45

Yuhe International, Inc. YUII today announced its financial results for the quarter ended September 30, 2010.

Third Quarter 2010 Highlights

• Net revenue increased 62.4% to $21.4 million year-over-year
• Sales volume increased 34.2% to 40.3 million birds
• Gross profit increased 67.6% to $8.7 million
• Gross margin increased 130 basis points to 40.4%
• Operating income increased 73.9% to $7.4 million
• Operating margin increased 230 basis points to 34.6%
• Net income increased 75.7% to $7.3 million
• Diluted EPS increased 73.1% to $0.45
• Yuhe purchased five breeder farms in Liaoning Province, with a total production capacity of 430,000 sets of parent breeders, and Yuhe became the largest supplier of day-old broilers in China in terms of production capacity.