AgFeed Industries, Inc. Reports Record 2008 Financial Results

AgFeed Industries, Inc. (Nasdaq: FEED), the largest commercial hog producer and the largest premix feed company in China, today announced record financial results for the year of 2008:

-- Earnings of $0.54 per share compared to 2007 Earnings per Share of $0.26

-- Net Income of $16.95 million compared to 2007 Net Income of $6.66 million

-- Adjusted Earnings Per Share of $0.74

-- Adjusted Net Income of $23.21 Million