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Strategies & Market Trends : Greater China Junior Stocks

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To: Julius Wong who wrote (1352)	4/22/2007 9:54:54 PM
From: ~digs	Read Replies (1) of 1992

CHCG.ob - ZHEJIANG PROVINCE, China, Feb. 26 -- China 3C Group , a rapidly growing retailer and distributor of consumer and business products in China, announced today a revenue increase of 355% from $32.6 million in 2005 to $148.2 million in 2006. The company announced a 673% increase in net income for 2006 to $11.3 million or $0.24 earnings per share from $1.5 million or $0.04 earnings per share in 2005. Gross profit for the year rose 435% to $22.8 million, compared with $4.3 million in 2005. Revenue for the fourth quarter ended December 31, 2006 increased $21 million from the third quarter to $63.6 million and showed a 685% increase from $8.1 million a year earlier. Net income during the fourth fiscal quarter increased 53% to $4.9 million or $0.09 earnings per share from $3.2 million or $0.07 earnings per share in the third quarter. biz.yahoo.com

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