(CCTR) China Crescent 2010 Revenue Growth Continues After Reporting Nearly $32 Million Through First Six Months Compared to $17
11 Novembre 2010 - 3:33PM
Marketwired
China Crescent Enterprises, Inc. (OTCBB: CCTR) today announced
continued revenue growth in 2010. Management anticipates reporting
financial results through the first three quarters of 2010
consistent with the Company's effort to achieve a $100 million
annual revenue goal. China Crescent reported nearly $32 million in
revenue through the first six months of 2010 compared to
approximately $17 million in revenue for the same period the
previous year.
The Company is also planning to maintain rapid growth into 2011.
China Crescent was featured in a Webcast earlier this week on the
Company's strategy to accelerate growth and increase profits by
entering into the business process outsourcing (BPO) market in
India. The expansion into India's BPO marketplace is intended to
fuel continued rapid revenue growth and also improve the Company's
profits in 2011.
The Webcast is currently available for on-demand review at
http://tinyurl.com/35rmwry.
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About China Crescent Enterprises, Inc.
(www.chinacrescent.com) China Crescent is a systems integration service
provider that markets technology outsourcing services in China
including the sale and service of brand name technologies such as
Microsoft, Cisco, IBM, HP and Dell. Following a strategic
acquisition last year, the Company expanded its business line to
include original design manufacturing (ODM). China Crescent
reported $45 million in profitable revenue in 2009 after reporting
over $40 million in revenue for both 2007 and 2008 and has set a
goal of reaching $100 million in revenue in 2010.
Headquartered in Dallas with operations in Shanghai, Shenzhen,
Dalian and Beijing, China Crescent bridges the gap between global
business cultures to assist clients worldwide realize the
advantages of the high quality, low cost technology products and
services available from China. China Crescent also assists 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. Email Contact
214-722-3060
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