(CCTR) China Crescent Enterprises, Inc. Reports $78 Million in Annual Revenue With $4.2 Million Net Income for 2010
19 April 2011 - 11:00PM
Marketwired
China Crescent Enterprises, Inc. (PINKSHEETS: CCTR) (OTCQB: CCTR)
today announced the Company has filed its 2010 annual report on
Form 10-K. The Company reported $78.2 million in revenue and $4.2
million in net income for 2010, up from $45.6 million in revenue
and $2.2 million in net income reported in 2009. China Crescent has
scheduled a management Webcast for release Thursday, April 21st to
review the annual results and a link to the Webcast will be posted
to the corporate website, www.chinacrescent.com, and emailed to
corporate email subscribers upon release. To review the annual
report in its entirety, or any of the Company's filings, visit the
Investor Relations section of the corporate website at
www.chinacrescent.com for a link to all Company filings.
Recent Letter to Shareholders and Re-Focus on
Systems Integration
China Crescent's parent company, NewMarket Technology recently
released a letter to shareholders and a Webcast from NewMarket's
CEO Bruce Noller reviewing the two companies' plans to re-focus on
the information technology market. The technology services provided
by NewMarket and China Crescent have in previous years been more
diverse, but the Companies are now re-focusing on systems
integration. The recent letter and Webcast are available on the
NewMarket corporate website for review at
www.newmarkettechnology.com under 'Investor Relations'.
About China Crescent Enterprises, Inc.
(www.chinacrescent.com)
China Crescent (PINKSHEETS: CCTR) (OTCQB: CCTR) 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 in 2009, the Company expanded its business
line to include original design manufacturing (ODM). Headquartered
in Dallas with operations in China, China Crescent reported $45
million in profitable revenue in 2009 after reporting over $40
million in revenue for both 2007 and 2008.
Add to Digg Bookmark with del.icio.us Add to Newsvine
Contact: China Crescent Enterprises, Inc. Investor Relations
Email Contact
China Crescent Enterprises (CE) (USOTC:CCTR)
Historical Stock Chart
From Apr 2024 to May 2024
China Crescent Enterprises (CE) (USOTC:CCTR)
Historical Stock Chart
From May 2023 to May 2024