Chinese food manufacturer American Lorain has expanded its product portfolio with the introduction of a new breakfast product line - Lorain Youtiao. The launch comes in response to increasing consumer demand for on-the-go breakfast and ...
Chinese snack food firm American Lorain has reported mixed third-quarter results, with the bottom line hit by one-off items but operating profit increasing. Net income was down 25.7% to US$5.3m, mostly thanks to a gain the company ...
Tags: American Lorain, operating profit, sales, income, company news
American Lorain has booked a 14% increase in second-quarter sales, driven by increased sales of its convenience and frozen food products. In an announcement today (14 August), the company said sales increased 14.2% to US$35.7m in the ...
Tags: convenience food products, frozen food products, food products, food
Chinese food maker American Lorain has appointed a financial advisor to assess a "going private" proposal from its chairman and CEO for the takeover of the firm. A special committee of the company's board of directors, formed to evaluate ...
Tags: food maker, takeover, financial advisor