China Crescent Enterprises, Inc. Anticipates Potential "Milestone" Price per Share Increase
10 Settembre 2009 - 3:37PM
Marketwired
China Crescent Enterprises, Inc. (OTCBB: CCTR) has published a
strategic corporate Webcast on the Company's website
(www.chinacrescent.com) titled 'China Crescent Post Labor Day
Update Webcast (September 8, 2009).' The Webcast provides an update
of the Company's $0.30 suggested fair value target price per share.
Additionally, the presentation includes a review of management's
"milestone" price per share performance expectations in light of
trading activity since May of this year.
The twenty-minute presentation, which has slide selection
functionality, includes a review of the Company's $50 million
revenue goal for 2009. 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 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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