CHINAENV

heavenade
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13 years 9 months ago #4292 by heavenade

CHINAENV was created by heavenade

Wonder why is this fundamentally and forward looking company not getting the needed attention?
The most recent quarter post profits, good prospects as China is strongly emphasizing on waste gas release. Company has its own inventions and would nt be prone to price lowering to fight competitions.

any seniors care to enlighten?

cheers!

Mainboard-listed China Environment today announced a net profit of RMB55.8 million ($11.4 million) and revenue of RMB330.6 million for its six months ended 30 June 2010. The figures were higher by 24.6% and 43.5% over the RMB44.8 million and RMB230.4 million recorded in the previous corresponding period respectively. Total revenues generated by the group for the six months ended 30 June 2010 were derived from the waste gas treatment segment. For the period under review, the group completed 17 projects, with 11 others ongoing, compared to 12 projects which were completed in the six months ended 30 June 2009. In line with higher revenues, gross profit was RMB96.2 million, rising 32.7% over the RMB72.5 million previously. Its gross profit margin remained fairly stable at 29.1% for the period (1H09: 31.5%). The power generation segment continued to account for the main share of revenue from waste gas treatment at 95.9% while the chemical industry, at 4.0%, accounted for the rest of the revenue.

and from markets.ft:
"Year on year China Environment Ltd grew revenues 808.34% from 55.00m to 499.59m while net income improved 3,163.80% from 1.65m to 53.84m. "
"In 2009, China Environment Ltd increased its cash reserves by 47.38%, or 22.24m. Cash Flow from Financing totalled 60.56m or 12.12% of revenues. In addition the company used 65.02m for operations while cash from investing totalled 26.25m."
"China Environment Ltd appears to have little financial risk as the company holds a substantial amount of cash on its books with little or no debt."

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william
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13 years 9 months ago #4293 by william

Replied by william on topic Re:CHINAENV

testing

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Dongdaemun
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13 years 9 months ago #4294 by Dongdaemun

Replied by Dongdaemun on topic Re:CHINAENV

yup, agree with Kaiyan. finansa securities has a target of 50 cents!

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