trending Market Intelligence /marketintelligence/en/news-insights/trending/kNCkZcSHd8QHSzNwGbtWcA2 content esgSubNav
In This List

American Lorain Q1 profit falls YOY

Blog

Global M&A By the Numbers: Q3 2021

Blog

Capital Markets Activity Infographic: SPAC Volume Rises in Q3; Equity Issuance Drops but Remains Strong in Several Sectors

Blog

Insight Weekly: Global stock performance; hydrogen pilot projects; Powell's Fed future unsure

Case Study

Honing Sustainable Investing Strategies with Robust Environmental Data


American Lorain Q1 profit falls YOY

American Lorain Corp. said its normalized net income for the first quarter came to $204,210, a fall of 85.5% from $1.4 million in the prior-year period.

Normalized net income excludes unusual gains or losses on a pre- and after-tax basis.

The normalized profit margin declined to 0.5% from 4.4% in the year-earlier period.

Total revenue grew 18.5% year over year to $37.6 million from $31.7 million, and total operating expenses climbed 27.6% from the prior-year period to $36.7 million from $28.7 million.

Reported net income totaled a loss of $497,110, or a loss of 1 cents per share, compared to income of $1.7 million, or 5 cents per share, in the year-earlier period.