May 27, 2011

Yanglin Soy Inc, a Chinese manufacturer, distributor and seller of non-genetically modified soy products, has reported a gross loss of US$217,960, or US$0.26 per diluted share, for the first quarter ended March 31, 2011.

This compared to a gross profit of US$16,622, or US$0.13 per diluted share, for the first quarter ended March 31, 2010.

Total net sales for the first quarter of 2011 were US$33.95 million, a decrease of 0.4%, compared to US$34.08 million for the first quarter of 2010.

Yanglin Soy Inc is a domestic soy processors in China. The company manufactures soyoil, salad oil and soymeal with an annual processing capacity of 520,000 tonnes in 2011.