HOUSTON--(BUSINESS WIRE)--Eternal Technologies Group, Inc. (OTCBB:ETLT) today reported record revenues and earnings for the year ended December 31, 2006. Revenues increased by $5,685,138 or 24.7% to $28,718,103 for the year ended December 31, 2006 from $23,032,965 for the year ended December 31, 2005. The increase was primarily due to the inclusions of E-Sea’s operations for a full year increase of $7,544,825, an increase in the sale of roll mutton of $3,263,973, an increase in embryo transfer services of $914,215 and land lease revenue of $289,405. These increases were partially offset by decreases in the sale of lamb meat of $133,929 in the sale of sheep of $234,155 in sheep embryo transfers of $1,872,419 and in the sale of cattle embryo transfers of $4,086,776.
