Pacific CMA Inc (PAM)looks like an unnoticed China junior.
The most recent earnings report was very good.
Pacific CMA Reports a 35% Growth in Revenue and a 36% Increase in EBITDA for the 2nd Quarter 8/15/2005 4:15:04 PM
NEW YORK, Aug 15, 2005 (BUSINESS WIRE) -- Pacific CMA Inc. (PAM) an integrated provider of global freight forwarding/logistics services, announced today that revenue for the second quarter of 2005 was $29,053,425 compared to $21,563,487 for the same period last year, an increase of 35%. EBITDA was $736,858 or $.03 per fully diluted share, as compared with $541,828 or $.02 per fully diluted share for the second quarter 2004, a 36% increase.
Pacific CMA, Inc. provides supply chain logistics services worldwide, including air and sea freight services. The company coordinates the shipping and the storage of raw materials, supplies, components, and finished goods by air, sea, river, rail, and road. It handles all types of cargo including garments on hangers, refrigerated cargo, and hazardous materials, as well as perishable goods. The company uses commercial freight air carriers, ships, river barges, and railroads to provide the transportation services for freight forwarding. Through its Hong Kong based subsidiary, AGI Logistics (HK), Ltd., Pacific CMA facilitates and offers supply chain management solutions, contract logistics services, and international forwarding services. Its customers' industries include textile and apparel, hair care products, automotive, computer and electronic equipment, heavy industrial, construction equipment, and printed materials. As of December 31, 2004, the company maintained approximately 208 cargo agents located in 92 countries and 203 cities serving major gateways worldwide. Pacific Cma is based in New York City. |