China Crescent Enterprises, Inc. to Review Enhanced Milestone ROI Potential and Improved Long-Term Viability in Webcast Tuesday,
25 Novembre 2009 - 3:08PM
Marketwired
China Crescent Enterprises, Inc. (OTCBB: CCTR) today announced that
the Company has scheduled a shareholder update Webcast for Tuesday,
December 1, 2009. The Webcast agenda includes a review of the
recently released letter to shareholders on the enhanced milestone
ROI potential and improved long-term viability of China Crescent.
China Crescent previously announced launching a new investor
relations campaign to improve the quality of communications. As
part of the new campaign, the Company plans to conduct weekly
shareholder update Webcasts. A link to the Webcast is scheduled to
be posted to the corporate website homepage www.chinacrescent.com
upon release.
CFO Reviews Record $1.8 Million in Net Income on $30 Million in
Revenue for the Nine Months Ending September 30, 2009.
China Crescent released a Webcast this week conducted by the
Company CFO Mr. Philip Rauch to review the Company's recently filed
third quarter 2009 financial results. The Company reported $30
million in revenue through the first nine months of the year,
ending September 30, 2009 and record net income of $1.8 million
compared to $517k in net income for the same period in 2008. The
Company has forecasted profitable revenue growth in 2009 compared
to 2008. The Company reported over $40 million in profitable
revenue in 2008.
A link to the on-demand Webcast is available on the corporate
website under Recent Webcasts www.chinacrescent.com titled 'China
Crescent 3rd Quarter Review.'
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About China Crescent Enterprises, Inc.
(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.
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Contact: China Crescent Enterprises, Inc. ir@chinacrescent.com
214-722-3060
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