China-based Huifeng, a manufacturer of botanical extracts for pharmaceuticals, has announced its net revenues grew 66.2 percent year-over-year to $7,422,334 in third-quarter 2010. Q3 2010 highlights •Gross profit was $3,906,538, up 165.5 percent from the third quarter of 2009; with gross margin of 52.6 percent significantly increased 19.7 percent from 32.9 percent for the third quarter of 2009. •Net income was $2,155,930, an increase of $1,153,925 or 115 percent from the third quarter 2009, and earnings per diluted share were $0.08 based on 25.9 million shares. •Company increases full-year guidance for net income to $5.5-$6 million from previous guidance of $4.5-$5 million.