China Crescent Enterprises, Inc. Announces Post Labor Day Update on $0.30 Suggested Fair Value Price per Share Alignment With $5
03 Settembre 2009 - 6:35PM
Marketwired
China Crescent Enterprises, Inc. (OTCBB: CCTR) is scheduled to
release a strategic corporate on-demand Webcast Tuesday, September
8, 2009 on the Company's website to include a review of the
Company's suggested fair value target price per share, $50 million
revenue pace and record profit year-to-date. China Crescent
reported $17 million in revenue and an over 200% net income
increase to $1.1 million through the first six months of 2009. The
Company has forecasted profitable revenue growth to $50 million in
2009. The Company reported over $40 million in profitable revenue
in 2008. The Company's sales are historically seasonal, increasing
throughout the year and usually reporting the largest sales and
profits in the 4th quarter.
Corporate E-mail Updates
To sign up to receive company updates or to obtain more
information on the Company, please visit www.chinacrescent.com.
About China Crescent Enterprises, Inc.
(http://www.chinacrescent.com/)
China Crescent Enterprises, Inc. reported over $40 million in
profitable Revenue in 2008. The Company is a technology leader in
the rapidly developing Chinese market specializing today in
software engineering, high quality software development and digital
multimedia outsourcing services delivered to customers globally. At
the same time, the firm is a systems integrator and value added
reseller of major global hardware brands in the Chinese domestic
market.
Headquartered in Dallas with operations in Shanghai and Beijing,
China Crescent bridges the gap between Western and Eastern business
cultures to assist Western clients in realizing the advantages of
the high quality, low cost technology products and services
available from China. China Crescent also assists Western clients
in localizing products and services to realize the tremendous
growth potential available by expanding into the Chinese
Market.
"SAFE HARBOR STATEMENT" UNDER THE PRIVATE SECURITIES LITIGATION
REFORM ACT OF 1995
This press release contains forward-looking statements that
involve risks and uncertainties. The statements in this release are
forward-looking statements that are made pursuant to safe harbor
provision of the Private Securities Litigation Reform Act of 1995.
Actual results, events and performance could vary materially from
those contemplated by these forward-looking statements. These
statements involve known and unknown risks and uncertainties, which
may cause China Crescent's actual results in future periods to
differ materially from results expressed or implied by
forward-looking statements. These risks and uncertainties include,
among other things, product demand and market competition. You
should independently investigate and fully understand all risks
before making investment decisions.
Contact: China Crescent Enterprises, Inc. ir@chinacrescent.com
214-722-3065
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