trending Market Intelligence /marketintelligence/en/news-insights/trending/7bI8Lm-wZ0Y6SEJ8hqjHsQ2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us
In This List

American Lorain Q2 profit falls YOY


So, the data lakehouse is now officially a ‘thing’ – what is it and why should you care?


Industry Top Trends 2021: Oil and Gas


Charter, DIRECTV and Comcast rank as the top 'RSN-friendly' MVPDs

Industry Top Trends 2021: Metals and Mining

American Lorain Q2 profit falls YOY

American Lorain Corp. said its normalized net income for the second quarter came to 1 cents per share, a decrease of 23.0% from 2 cents per share in the prior-year period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was $463,530, a decline of 20.4% from $582,390 in the prior-year period.

The normalized profit margin dropped to negative 1.1% from 1.6% in the year-earlier period.

Total revenue declined 10.0% year over year to $32.0 million from $35.5 million, and total operating expenses decreased 18.8% from the prior-year period to $28.7 million from $35.4 million.

Reported net income came to $7,820, or 0 cents per share, compared to a loss of $447,700, or a loss of 1 cents per share, in the year-earlier period.