Bullish Analyst Report Outlines Strong Earnings Forecast
A newly released Analyst Report on Solar EnerTech Corp. (SOEN) from IPO desktop, outlines a strong Company earnings forecast.
Projected revenues are $60 million, $175 million, $420 million, $720 million for Year 2007, 2008, 2009, and 2010, respectively, with an average estimated profit rate of 21%., after tax based on an agreement to pay no taxes for three years. The Tax Favored status, secured by the Company in 2006 within China, is going to be a major positive development for the emerging firm. |
