SHENZHEN, China, Nov. 3, 2006 (PRIMEZONE) -- New Dragon Asia Corp. (AMEX:NWD), one of China's leading producers of instant noodles, flour-related products and soybean powder, will announce its financial results for the third quarter and first nine months of fiscal 2006 on Wednesday, November 8, 2006.
Following the announcement, Mr. Peter Mak, Chief Financial Officer of New Dragon Asia Corp., will host a conference call on November 8th at 9:00 AM (New York) / 2:00 PM (London) / 10:00 PM (China) to review the results.
Mr. Mak stated, "I look forward to updating the market on our Company's financial and operational progress in the third quarter and first nine months of 2006. We invite you to listen to the call and welcome your questions."
The conference call will also be available via webcast at http://www.irconnect.com/nwd/pages/news.html and will be archived on the Company's website.
The dial-in information for the conference call is as follows:
In North America: Dial-in: +1 480 629 9564 Replay: +1 303 590 3030 Passcode: 3623521 In Europe: Dial-in: +44 20 7190 1232 Replay: +44 20 7154 2833 Passcode: 3623521 In Asia: Dial-in: +81 3 3570 8179 Replay: Please use North American or European replay number and passcode
The replay will be available for one week following the conclusion of the live call.
About New Dragon Asia Corp
New Dragon Asia Corp., a Florida corporation (AMEX:NWD) is headquartered in Shandong Province, China and is engaged in the milling, sale and distribution of flour and related products, including instant noodles and soybean-derived products, to retail and commercial customers. As the fourth largest instant noodle manufacturer in China, New Dragon Asia markets its well-established Long Feng brand through a network of more than 200 key distributors and 16 regional offices in 27 Chinese provinces. It has an aggregate production capacity of approximately 195,000 tons of flour, more than 1.1 billion packages of instant noodles, and 4,500 tons of soybean powder and protein powder per year. New Dragon products are exported through Hong Kong and South East Asia, including Singapore, Malaysia, South Korea and Australia. New Dragon's receipt of HACCP approval in June 2006 allowed the exportation of New Dragon products to Europe, and the Company has begun to receive orders from that region. The Company has approximately 2,000 employees.