Greater China Stocks Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Greater China Stocks

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Julius Wong who wrote (7261)	11/8/2010 9:25:49 AM
From: Elroy	Read Replies (1) of 8334

China MediaExpress Holdings, Inc. Announces Third Quarter Financial Results Third Quarter Revenue and Net Income Increased by 118% and 167%, Respectively Increases 2010 Net Income Guidance to Between $100 Million and $104 Million FUJIAN, China--(BUSINESS WIRE)-- China MediaExpress Holdings, Inc. (NASDAQ GS: CCME) (“CME” or “Company”), China’s largest television advertising operator on inter-city and airport express buses, today announces financial results for the three and nine months ended September 30, 2010. Third Quarter 2010 vs. Third Quarter 2009 Revenue increased by 118% to $57.0 million as compared to $26.1 million; Gross margin was 76.8% as compared to 67.0%; Income from operations increased by 166% to $41.2 million as compared to $15.5 million; and, Net income increased by 167% to $31.1 million or $0.81 per diluted share as compared to $11.7 million or $0.56 per diluted share.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next