After Hours - American Dairy Inc. ADY, American Dairy Profits Moving Substantially

American Dairy, Inc. may have a stable blue chip name, but this company is far from boring. The Chinese milk producer is one of the fastest growing companies in China, with its products in over 80,000 retail outlets and $113.8 million in revenues last quarter. After an industry scandal in 2008 and an investigation by the U.S. Securities and Exchange Commission have ended, American Dairy’s low PEG ratio and strong balance sheet make it worth a look.

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American Dairy sells premium milk powder, soybean milk powder and related dairy products in China. Currently, the company has over 200 milk collection stations, six production facilities with aggregate milk power production capacity of approximately 1,220 tons per day and an extensive distribution network reaching more than 80,000 retail outlets throughout China.

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