Market Watch for China Crescent Enterprises Inc. Issued by StockPreacher
26 Febbraio 2010 - 4:50AM
StockPreacher.com announces an investment report featuring China
Crescent Enterprises Inc. (OTCBB:CCTR). The report includes
financial, comparative and investment analysis, and industry
information you need to know to make an educated investment
decision.
The full report is available at:
http://www.stockpreacher.com/n/CCTR
Get our alerts BEFORE the rest of the market. Follow us on
Twitter: http://twitter.com/StockPreacher
China Crescent Enterprises Inc. (CCTR), primarily operating in
The People's Republic of China, is engaged in the sale of
information technology (IT) products and services sold within
mainland China, through its wholly owned foreign subsidiary,
Clipper Technology Ltd. (CLPTEC). .CLPTEC's corporate charter in
China allows it to provide consulting, development, implementation
and maintenance of technology systems, which include both software
and hardware peripherals for computing, communication and data
exchanges related to general business applications, as well as the
specialty fields of medical, security, military and homeland
defense applications.
In the report, the analyst notes:
"Net sales increased 20% from $11,144,564 for the quarter ended
September 30, 2008 to $13,344,273 for the quarter ended September
30, 2009. A 13% decrease in sales of products through
the Company's Clipper-Huali subsidiary in the Ningbo region was
offset by revenue generated through a new outsourcing services
agreement executed last quarter in Shanghai. Cost
of sales also increased 15% from $10,511,971 for the quarter ended
September 30, 2008, to $12,072,141 for the quarter ended September
30, 2009. This increase was due to the corresponding increase in
sales volume.
"CCTR will be conducting a Web cast today Feb.
26th to review the Company's updated strategy to increase revenue
and profits, featuring an expansion into India and an update on
business expansion under development in East Africa. The Company
anticipates reporting record net income of over $40 million in
revenue in the annual report for 2009. The Company has also
announced a $100 million profitable revenue target for 2010 in
addition to announcing a number of large, long-term
contracts."
To read the entire report visit:
http://www.stockpreacher.com/n/CCTR
See what investors are saying about CCTR at penny stock
forum
StockPreacher.com is a small-cap research and investment
commentary provider. StockPreacher.com strives to provide a
balanced view of many promising small-cap companies that would
otherwise fall under the radar of the typical Wall Street investor.
We provide investors with an excellent first step in their research
and due diligence by providing daily trading ideas, and
consolidating the public information available on them. For more
information on StockPreacher, please visit:
http://www.stockpreacher.com
StockPreacher.com Disclosure
StockPreacher.com is not a registered investment advisor and
nothing contained in any materials should be construed as a
recommendation to buy or sell any securities. StockPreacher.com is
a Web site wholly owned by BlueWave Advisors, LLC.
StockPreacher.com nor its affiliates have a beneficial interest in
the mentioned company; nor have they received compensation of any
kind for any of the companies listed in this communication. Please
read our report and visit our Web site, StockPreacher.com, for
complete risks and disclosures.
CONTACT: StockPreacher.com
Nic Lesmeister
(469)-252-3505
info@stockpreacher.com
![](http://www.globenewswire.com/newsroom/ti?nf=MTYwIzE4NTI1MSMxMTcxOQ==)
Grafico Azioni China Crescent Enterprises (CE) (USOTC:CCTR)
Storico
Da Giu 2024 a Lug 2024
Grafico Azioni China Crescent Enterprises (CE) (USOTC:CCTR)
Storico
Da Lug 2023 a Lug 2024