The Company through its wholly owned subsidiary Feihe Dairy, produces and distributes milk powder, soybean milk powder, and related dairy products in China.
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Great value. Price and PE are way down only because revenues are a couple hundred million instead of a few hundred million. Sells infant formula to China with blessing of government. Rated as one of the best values of any stock on 1/22/10.
Lets recap: China + food = poison pet food, counterfeit Colgate, executed head of whatever the chinese equivilent to the FDA is. "American" Dairy has warning signs all over it.
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