Research - Guidance

Guidance is regularly issued by some companies to provide investors with an outlook for the future. This information can be helpful in assessing the future valuation scenarios for company stock.

Guidance can come in many forms: sales, earnings, EBITDA or general commentary. It's especially useful when the company has no analyst coverage.

Wednesday, May 22, 2013

Alliance Fiber Optic Products (AFOP)

SUNNYVALE, Calif., May 22, 2013 (GLOBE NEWSWIRE) -- Alliance Fiber Optic Products, Inc. (Nasdaq:AFOP), an innovative supplier of fiber optic components, subsystems and integrated modules for the optical network equipment market, today announced that it will raise its financial guidance for the quarter ended June 30, 2013. For the 2nd quarter of 2013, the Company expects to report net sales above $16 million, exceeding the previously…

Big Tree Group (BIGG)

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Charm Communications (CHRM)

First Quarter 2013 Financial Results Revenues grew 13.6% year over year to $38.1 million in the first quarter of 2013 Gross profit declined 2.3% year over year to $9.6 million in the first quarter of 2013 Net income declined 277.9% year over year to a net loss of $1.5 million in the first quarter of 2013 Non-GAAP net income, which excludes share-based compensation expenses, amortization…

China Digital Tv Holdings (STV)

First Quarter 2013 Financial Results Net revenues in the first quarter of 2013 were US$19.9 million, representing an 8.4% decrease from the same period in 2012 and a 13.9% decrease from the fourth quarter of 2012. Gross margin in the first quarter of 2013 was 73.4%, compared to 77.7% in the same period in 2012 and 76.2% in the fourth quarter of 2012. Diluted earnings per American…

China Distance Education (DL)

Second Quarter Fiscal 2013 Financial Results Net Revenue increased by 5.4% to $13.0 million, within the Company's 2Q13 guidance forecast range, from $12.3 million in the prior year period. Gross profit from continuing operations decreased by 13.6% to $6.1 million from $7.0 million in the prior year period. Gross margin fell to 46.6% from 56.9% in the prior year period due to the delayed…

China-Biotics (CHBT)

CHINA-BIOTICS, INC. AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF INCOME AND OTHER COMPREHENSIVE INCOME (Amounts expressed in US Dollars) >…

Cleantech Solutions (CLNT)

WUXI, China, May 22, 2013 /PRNewswire-FirstCall/ -- Cleantech Solutions International, Inc. ("Cleantech Solutions" or "the Company") (NASDAQ: CLNT), a manufacturer of metal components and assemblies, primarily used in the wind power, solar and other clean technology industries and dyeing and finishing equipment to the textile industry, today announced that it has become a certified supplier of components to China Petroleum and Chemical Corporation (Sinopec) and…

Concord Medical Services (CCM)

First Quarter 2013 Financial Results Total net revenue, which consists of net revenues generated from the network business and hospital business, was RMB203.9 million ($32.8 million) in the first quarter of 2013, a 91.1% increase from RMB106.7 million in the first quarter of 2012. Gross profit in the first quarter of 2013 was RMB71.5 million ($11.5 million), a 14.8% increase from RMB62.3million in the…

Delta Galil Indstries (DELTY)

First Quarter 2013 Results Sales reached $227.3 million in the 2013 first quarter, up 35% from the same period of 2012. Diluted earnings per share attributed to shareholders rose to $0.26 for the 2013 first quarter, a 63% increase from $0.16 a year ago. Isaac Dabah, CEO of Delta Galil, stated: “The Company began 2013 on an extremely strong footing, delivering the highest first…

Fuwei Films Co (FFHL)

First Quarter 2013 Financial Results Revenues were RMB76.6 million (US$12.3 million), compared with RMB91.0 million in the same period of 2012. Basic and diluted net loss per share was RMB1.38 (US$0.22), compared with basic and diluted net loss per share ofRMB1.16 in the same period of 2012. Mr. Xiaoan He, Chairman and CEO of Fuwei Films, said, "We are still facing strong…

Gigamedia (GIGM)

First-Quarter 2013 Financial Results Revenues was 4,187 vs last years 8,316 a 50% decrease. Gross profit was 2,333 cs last years 4,672 a 50% decrease. Net Loss Per Share Diluted Share 0.03 vs last years .05. "We are off to a solid start in what is going to be a pivotal year," stated GigaMedia Chief Executive Officer Collin Hwang. "We are laying the…

Glg Life Tech Corp (GLGLF)

VANCOUVER, British Columbia, May 21, 2013 (GLOBE NEWSWIRE) -- GLG Life Tech Corporation (TSX:GLG) ("GLG" or the "Company"), a vertically-integrated leader in the agricultural and commercial development of high quality stevia and all natural and zero calorie food and beverage products, provides a regulatory update. Following the cease trade order issued on May 2, 2012 by British Securities Commission (the "BCSC"),…

Jinkosolar Holdings (JKS)

SHANGHAI, May 22, 2013 /PRNewswire/ -- JinkoSolar Holding Co., Ltd. ("JinkoSolar" or the "Company") (NYSE: JKS), a leading global PV solar power product manufacturer, today announced that its solar PV modules have passed TUV Nord's Dust & Sand Certification Test. TUV Nord's certification indicates that JinkoSolar's modules are suitable for installation in desert regions, where a shortage of rain and constant sandstorm scan…

Kongzhong (KONG)

First Quarter 2013 Financial Results: Revenues exceeds guidance Total revenues for the first quarter of 2013 increased 9.3% from the same period last year and 12.4% from the fourth quarter of 2012 to US$ 47.94 mn, exceeding the guidance range of US$ 45 mn to US$ 46 mn. Gross profit exceeds guidance Total gross profit declined 0.8% from the same period last year but increased 3.3% from the fourth quarter…

Sunrise Real Estate Developmen (SRRE)

SUNRISE REAL ESTATE GROUP, INC. AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF OPERATIONS (Expressed in U.S. Dollars) >…

Tuesday, May 21, 2013

Cd Intl (CDII)

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China Gengsheng Minerals (CHGS)

GONGYI, China, May 21, 2013 /PRNewswire/ -- China GengSheng Minerals, Inc. (NYSE Amex: CHGS) (the "Company" or "GengSheng"), a leading China-based high-tech industrial materials manufacturer producing heat-resistant, energy-efficient materials for a variety of industrial applications, today announced the delayed filing of its Quarterly Report on Form-Q for its first quarter ended March 31, 2013 because it is still finalizing the financial statements…

China New Borun (BORN)

First Quarter 2013 Financial Results Total revenue decreased 37.5% to RMB450.7 million ($71.9 million[1]) from RMB721.2 million in the first quarter of 2012. Gross profit decreased 57.1% to RMB47.1 million ($7.5 million) from RMB109.9 million in the first quarter of 2012. Net income decreased 80.0% to RMB12.8 million ($2.0 million) from RMB63.7 million in the…

China Techfaith Wireless (CNTF)

First Quarter 2013 Financial Results Net revenues of US$28.2 million, compared to US$31.0 million in the fourth quarter of 2012 and US$42.7 million in the first quarter of 2012. Revenues in the first quarter of 2013 from the Company's gaming segment declined by US$3.9 million compared to the fourth quarter of 2012 and declined by US$4.8 million compared to the first quarter of 2012. Gross profit for the first…

Chinanet Online Holdings (CNET)

First Quarter 2013 Financial Results Revenues for the three months ended March 31, 2013 were $7.0 million compared to $14.9 million for the three months ended March 31, 2012, representing a 53% decrease. Gross profit for the three months ended March 31, 2013 was $2.6 million, up 8% from $2.4 million in the same period one year ago. Net income attributable to common stockholders for the…

Cninsure (CISG)

First Quarter of 2013 Financial Results Total net revenues: RMB401.3 million (US$64.6 million), representing an increase of 18.9% from the corresponding period in 2012. Operating income: RMB1.6 million (US$0.3 million) representing a decrease of 95.8% from the corresponding period in 2012. Non-GAAP operating income: RMB14.4 million (US$2.3 million), which excludes share-based compensation expenses, representing…

E-Future Information (EFUT)

First Quarter 2013 Financial Results Total revenue decreased 3% year-over-year to RMB22.5 million (US$3.6 million). Gross profit decreased 3% year-over-year to RMB8.7 million (US$1.4 million). Net loss was RMB6.0 million (US$1.0 million), compared to a net loss of RMB4.9 million in the first quarter 2012. Adjusted net loss was RMB4.5 million (US$0…

L & L Energy (LLEN)

SEATTLE, May 21, 2013 /PRNewswire/ -- L & L Energy, Inc. (NASDAQ: "LLEN") ("L&L" or the "Company"), a U.S.-based company with a track record of profitable coal operations in China, is pleased to announce it has selected top tier Taiwan underwriter, Taishin (meaning New Taiwan) Securities Co, to underwrite L&L's Taiwan Depository Receipt (TDR)…

Mgmt Network Group (TMNG)

LAS VEGAS at CTIA and Overland Park, Kan., May 21, 2013 (GLOBE NEWSWIRE) -- TMNG Global (Nasdaq:TMNG) announces today the latest enhancements to Ascertain®, a solution delivery platform specifically designed for the unique needs of communications service providers (CSP). TMNG is showcasing the newest version of Ascertain at CTIA 2013. Using the Ascertain platform, TMNG delivers a comprehensive, scalable managed solution portfolio which addresses the full…

Yingli Green Energy (YGE)

BAODING, China, May 21, 2013 /PRNewswire/ -- Yingli Green Energy Holding Company Limited (NYSE: YGE) ("Yingli Green Energy" or the "Company"), a leading solar energy company and one of the world's largest vertically integrated photovoltaic ("PV") manufacturers, which markets its products under the brand "Yingli Solar", today announced its preliminary financial results for the quarter ended March 31, 2013. Based upon…

Zoom Technologies (ZOOM)

First Quarter 2013 Financial Results Net revenue of $7.4 million from continuing operations, down 54.2% from $16.1 million as compared to the first quarter of 2012. Net loss during the first quarter of 2013 was $1.5 million compared to net profit of $0.5 million in the same quarter of 2012. Basic and diluted (loss) income per common share was $(0.05) compared to last years…

Monday, May 20, 2013

21 Vianet Group (VNET)

First quarter 2013 Financial Results Net revenues increased by 26.0% to RMB435.7 million (US$70.2 million) from RMB345.8 million in the comparative period in 2012. Adjusted net profit for the first quarter of 2013 was RMB31.1 million (US$5.0 million),compared with RMB37.9 million in the comparative period in 2012. Adjusted net profit in the first quarter of 2013 excludes share-based compensation expenses of RMB13.0 million (US$2…

4 Licensing Corp (FOUR)

NEW YORK--(BUSINESS WIRE)--4Licensing Corporation (OTC Link: FOUR) – 4sight Licensing Solutions, Inc. (“4sight”), a wholly-owned subsidiary of 4Licensing Corporation, and Artlist, Inc. announce that they have signed a multi-year agreement for 4sight to continue to serve as the sole and exclusive merchandise and licensing agent for “The Dog and Friends” properties worldwide, outside of Asian…

Apollo Solar Energy (ASOE)

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China Bct Pharmacy Group (CNBI)

China BCT Pharmacy Group, Inc.Consolidated Statements of Income and Comprehensive Income (Unaudited) (Stated in US Dollars) >…

China Global Media (CGLO)

China Global Media, Inc. Consolidated Statements of Operations and Comprehensive Income (Unaudited) >…

China Green Creative (CNGV)

CHINA GREEN CREATIVE, INC. AND SUBSIDIARIES CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (UNAUDITED) >…

China Pediatric Pharmaceutical (CPDU)

CHINA PEDIATRIC PHARMACEUTICALS, INC. CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS (Unaudited) >…

China Xiniya Fashion (XNY)

First Quarter 2013 Financial Results: Revenue in the first quarter of 2013 increased by 4.2% to RMB221.2 million, as compared to RMB212.3 million in the first quarter of 2012, which is within the prior guidance of 1%-5%. Gross margin was 30.7% in the first quarter of 2013 as compared to 34.1% in the first quarter of 2012. Profit before taxation in the first quarter of 2013…

Gravity Co (GRVY)

First Quarter 2013 Financial Results Revenues were KRW 11,796 million (US$ 10,756 thousand), representing a 11.5% decrease from KRW 13,328 million for the fourth quarter ended December 31, 2012 ("QoQ") and a 27.9% decrease from KRW 16,357 million for the first quarter ended March 31, 2012 ("YoY"). Loss before income tax expenses and others was KRW 1,133 million (US$ 1,033 thousand)…

Great China Mania (GMEC)

GREAT CHINA MANIA HOLDINGS, INC. AND SUBSIDIARIES CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (UNAUDITED) >…

Intl Packaging (IPLO)

International Packaging and Logistics Group, Inc., and Subsidiaries Condensed Consolidated Statements of Operations And Comprehensive Income For the Three Months Ended March 31, 2013 and 2012 (Unaudited) >…

Ja Solar Holdings (JASO)

First Quarter 2013 Financial Results Net revenue was RMB 1.7 billion ($270.0 million), compared to RMB 1.7 billion ($268.9 million) in thefourth quarter of 2012 Gross margin was positive 6.0%, compared to gross margin of negative 4.6% in the fourth quarter of 2012 Operating loss was RMB 85.2 million ($13.7 million), compared to operating loss of RMB 493.9 million (…

Qihoo 360 (QIHU)

First Quarter Financial Resuts Revenues were $109.9 million, a 58.6% increase from $69.3 million in the first quarter of 2012. Net income attributable to Qihoo 360 was $5.6 million, compared to $14.1 million in the first quarter of 2012. Net income attributable to Qihoo 360 excluding share-based compensation (non-GAAP)(1) was $17.5 million, compared to$25.7 million in the first…

Security National Financial (SNFCA)

First Quarter 2013 Results Revenues for the first quarter 2013 were $54.8 vs $47.3 The net gain per common share was $.19 for the three months ended March 31, 2013, compared to a net gain of $.17 per share for the prior year as adjusted for the effect of annual stock dividends. Book value per common share was $7.44 as of March 31, 2013, compared to $7…

Shiner Intl (BEST)

SHINER INTERNATIONAL, INC. AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF OPERATIONS AND OTHER COMPREHENSIVE LOSS THREE MONTHS ENDED MARCH 31, 2013 AND 2012 (Unaudited) >…

Us China Mining Group (SGZH)

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Vlov Inc (VLOV)

VLOV INC. CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (Amounts in thousands, in U.S. Dollars- except for share and per share data) (Unaudited) >…

Wonder Intl Edu (WIEI)

First Quarter 2013 Financial Results Revenues: Total revenue for the quarter ended March 31, 2013 increased 4% to $4.8 million from $4.6 million for the quarter ended March 31, 2012. The revenue increase is primarily due to the continued success of the Company's marketing and promotional campaign which began in 2009. Although inhibited by worldwide economic recession, growth in sales occurred at five of the seven Company schools. Despite continued impact from worldwide recession,…

Friday, May 17, 2013

21 Vianet Group (VNET)

First Quarter 2012 Financial Results Net revenues for the first quarter of 2013 increased by 26.0% to RMB435.7 million (US$70.2 million) from RMB345.8 million in the comparative period in 2012. Gross profit increased by 18.2% to RMB116.1 million (US$18.7 million) from RMB98.2 million in the comparative period in 2012. Diluted earnings per ordinary share for the first quarter of 2013 was RMB0.03, which…

Bona Film Group (BONA)

First Quarter 2013 Financial Results Net revenues were US$43.3 million, compared with US$43.7 million in the first quarter of 2012. Gross profit was US$14.8 million, compared with US$20.8 million in the first quarter of 2012. Gross margin was 34.1%, compared with 47.6% in the first quarter of 2012. Net income attributable to Bona Film Group Limited was US$0.5 million, or…

Brazil Fast Food (BOBS)

First Quarter 2013 Results System-wide sales grew 17.0% in the first quarter to R$ 297,5 million, driven by an increase in the number of franchised points of sale. Net income attributable to Brazil Fast Food Corp. in the first quarter of 2013 was R$ 6.7 million, or R$ 0.83 per basic and diluted share, as compared to R$ 3.4 million, or R$ 0.42 per basic and…

Direct Insite (DIRI)

FT. LAUDERDALE, Fla., May 16, 2013 (GLOBE NEWSWIRE) -- Direct Insite (OTCBB:DIRI), a leading provider of cloud-based e-invoicing solutions for Accounts Payable, Accounts Receivable, and Payments services, today announced that the Company is extending its Invoices On-Line™ suite with fully integrated capabilities for Company Profile and Vendor Management. Direct Insite is the first e-invoicing solutions provider to offer integrated Company Profile and Vendor Management…

Gain Capital Holdings (GCAP)

BEDMINSTER, N.J., May 16, 2013 /PRNewswire/ -- GAIN Capital Holdings, Inc. (NYSE: GCAP) ("the Company"), a leading global provider of online trading services, today reported operating activity for the month of April 2013. Retail metrics Retail OTC trading volume[1] of $145.8 billion, an increase of 3.6% from March 2013 and an increase of 25.9% from April…

Gigamedia (GIGM)

TAIPEI, Taiwan, May 17, 2013 /PRNewswire/ -- GigaMedia Limited (NASDAQ: GIGM) ("GigaMedia") today announced preliminary first-quarter 2013 consolidated financial results were in line with guidance and rescheduled the company's first-quarter 2013 investor call to May 21, 2013 after the market closes…

Great China INTL HLDGS (GCIH)

GREAT CHINA INTERNATIONAL HOLDINGS, INC. AND SUBSIDIARIESCONSOLIDATED STATEMENTS OF OPERATIONS AND OTHER COMPREHENSIVE INCOME/(LOSS) FOR THE THREE MONTHS ENDED MARCH 31, 2013 AND 2012 (UNAUDITED) >…

Hollysys Automation (HOLI)

Third Quarter 2013 Financial Results Quarterly revenues of $60.4 million, representing a decrease of 8.7% compared to $66.1 million year over year, and a decrease of 30.8% compared to $87.2 million quarter over quarter. Gross margin at 43.8%, as compared to 39.3% year over year, and 32.1% quarter over quarter. Non-GAAP net income attributable to Hollysys of $11.7…

Isoftstone Holdings (ISS)

First quarter 2013 Financial results Net revenues increased 11.0% to $95.9 million in the first quarter 2013 from $86.3 million in the first quarter 2012. Gross profit increased 11.1% to $30.9 million in the first quarter 2013 from $27.8 million in the first quarter 2012. Net income decreased 9.9% to $3.0 million in the first quarter 2013 from $3.3 million in the first…

Iveda Solutions (IVDA)

IVEDA SOLUTIONS, INC. CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS FOR THE THREE MONTHS ENDED MARCH 31, 2013 AND 2012 >…

Sciclone Pharmaceuticals (SCLN)

FOSTER CITY, CA--(Marketwired - May 16, 2013) - SciClone Pharmaceuticals, Inc. (NASDAQ: SCLN) today reported its expectations regarding financial results for the quarter ended March 31, 2013. Friedhelm Blobel, Ph.D., SciClone Chief Executive Officer, commented: "The accounting treatment for portions of our NovaMed promotion services revenue that may impact the timing of revenue recognition between quarters is under review. We are working with both our prior…

Sina (SINA)

First Quarter 2013 Financial Results Net revenues increased 19% year over year to $126.0 million. Non-GAAP net revenues increased 19% year over year to$121.3 million, exceeding the Company's guidance between $115.0 million and $119.0 million. Non-GAAP net income attributable to SINA was $1.5 million, or $0.02 non-GAAP diluted net income per share attributable to SINA. "As we start 2013,…

Velatel Global (VELA)

VELATEL GLOBAL COMMUNICATIONS, INC. AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF OPERATIONS AND OTHER COMPREHENSIVE LOSS YEARS ENDED DECEMBER 31, 2012 AND 2011 >…

Xueda Education (XUE)

First Quarter 2013 Financial Results Total net revenue for the first quarter of 2013 increased by 24.9% year-over-year to $83.9 million from $67.2 millionfor the first quarter of 2012. Gross profit for the first quarter of 2013 increased by 41.2% year-over-year to $23.7 million from $16.8 million for the first quarter of 2012. Net income attributable to Xueda Education Group for the first quarter of…

Thursday, May 16, 2013

Asia Carbon Industries (ACRB)

First Quarter 2013 Financial Results Total sales decreased $6,617,747 or 53% during the three months ended March 31, 2013 compared to the same period of 2012. Net income for the quarter ended March 31, 2013 was $389,953, a decrease of 78% from $1,807,081 for the same period in 2012. Net Income Per Share - Basic and Diluted was $0.01 vs. last years $0…

Biostar Pharmaceuticals (BSPM)

First Quarter 2013 Financial Results Revenue for the first quarter of 2013 decreased 23.9% to approximately $12.1 million compared to $15.9 million for the first quarter of 2012. Net income was approximately $0.6 million for the first quarter of 2013, a 74.1% decrease compared to $2.2 million for the first quarter of 2012. Diluted earnings per share were $0.06 for the first quarter of 2013…

China Armco Metals (CNAM)

First Quarter of 2013 Financial Results Net revenue decreased to $14.3 million compared to $49.3 million for the same period of 2012. Gross profit for the first quarter of 2013 decreased 56% to $0.64 million, compared to $1.46 million in the first quarter of 2012 mainly due to the decline in trading business. Net loss for the first quarter of 2013 was $1.09 million, or $0.05…

China Education Alliance (CEAI)

First Quarter 2013 Financial Results Total revenues decreased by 49.2% to $2.4 million. Gross profit decreased 83.1% to $0.4 million Net loss for the first quarter of 2013 was $3.7 million compared to net loss of $0.1 million for the first quarter of 2012. Basic and diluted loss per share was $0.35 for the first quarter of 2013 compared to loss per share of $0.01…

China Industrial Steel (CDNN)

First Quarter 2013 Financial Results Revenue of $188,363,697 for the three months ended March 31, 2013 an increase of $11,335,049, or 6% compared to $177,028,648 in the same period of 2012. Earnings Per Share - Basic and Diluted was $0.02 vs. last years $0.06. Commenting on the results, Liu Shenghong, Chief Executive Officer and Chairman of the Company…

China Logistics Group (CHLO)

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Chipmos Technologies (IMOS)

First Quarter 2013 Financial Results Net Revenue Decreased 9.2% to US$148.3 Million from US$163.3 Million Gross Profit Decreased to US$20.7 Million from US$25.8 Million Gross Margin Declined to 13.9% from 15.8% Net Earnings of US$0.42 Per Basic and US$0.41 Per Diluted Share Compared to US$0.26 Per Basic and US$0.25 Per Diluted Share S.J. Cheng,…

Commtouch Software (CTCH)

First Quarter 2013 Results Revenues totaled $7.9 million for the first quarter of 2013, up 34% compared to $5.9 million in the first quarter of 2012. Non-GAAP EPS for the first quarter 2013 were $0.00, compared to $0.06 in the first quarter of 2012. "We achieved a major milestone in the evolution of the company with the launch of our first new cloud-based offering in the quarter,"…

E-Commerce China Dangdang (DANG)

First Quarter 2013 Financial Results Net revenues in the first quarter of 2013 were RMB1,333.8 million ($214.7 million), a 23% increase from the corresponding period in 2012. Net loss excluding share-based compensation expenses (non-GAAP) was RMB70.1 million ($11.3 million), as compared with a net loss excluding share-based compensation expenses (non-GAAP) of RMB96.7 million in the corresponding period in 2012…

Enservco (ENSV)

The company today said it will invest approximately $6.0 million in capital expenditures during 2013, with $4.7 million being allocated toward new equipment fabrication. The capex budget, which also includes $1.3 million for enhancements to existing equipment, will be funded through internal cash flow. Management commentary... "Although we reported record financial results during the two most recent quarters, we were nevertheless constrained by capacity limitations," said Rick Kasch,…

Kingold Jewelery (KGJI)

First Quarter 2013 Financial Results Net sales decreased 1.6% to $221.4 million compared to $225.0 million, largely as a result of lower gold prices Gross profit decreased 45.4% to $6.3 million compared to $11.6 million, and gross margin was 2.9% compared to 5.1%. Net income attributable to common shareholders was $3.0 million, or $0.05 per diluted share, compared…

Mecox Lane (MCOX)

First Quarter 2013 Financial Results Net revenues decreased 43.5% year over year to $21.0 million, compared to $37.1 million in the first quarter of 2012 Gross profit1 decreased 42.8% year over year to $8.1 million, compared to $14.2 million in the first quarter of 2012 Gross margin was 38.6% in the first quarter of 2013, compared to 38.2% in the first quarter…

Netease (NTES)

First Quarter 2013 Financial Results Total revenues for the first quarter of 2013 were RMB2.3 billion (US$363.6 million), compared to RMB2.3 billion and RMB2.0 billion for the preceding quarter and the first quarter of 2012, respectively. Gross profit for the first quarter of 2013 was RMB1.5 billion (US$248.9 million), compared to RMB1.6 billion and RMB1.3 billion for the preceding quarter and the first quarter…

Renesola (SOL)

First Quarter 2013 Financial Results Net revenues were US$284.2 million, exceeding Company guidance and representing a decrease of 7.3% fromUS$306.5 million in Q4 2012. Gross loss was US$5.6 million with a gross margin of negative 2.0%, compared to a gross profit of US$10.3 millionwith a gross margin of 3.3% in Q4 2012. Operating loss was US$33.4 million with an operating margin of negative…

Shengkai Innovations (VALV)

Third Quarter 2013 Financial Results Revenues in the third quarter were approximately $2.9 million as compared to approximately $5.7 million in the third quarter of FY2012. Non-GAAP loss was $0.07 per diluted share compared with Non-GAPP earnings of $0.05 per diluted share in the third quarter of FY2012. Business Outlook In response to the business disruptions and changes in the global ceramic valves industry as well as in PRC's…

Shengtai Pharmaceuticals (SGTI)

Third Quarter 2013 Financial results Net sales for the three months ended March 31, 2013 were $49,723,426, an increase of $9,919,818 or 24.92%, compared with$39,803,608 for the same period in2012. Gross profit for the three months ended March 31, 2013 was $5,395,913, a decrease of $36,496 or 0.67%, compared with$5,432,409 for the…

Skystar Bio-Pharma (SKBI)

First Quarter 2013 Financial Results; Revenue decrease 30% YoY to $5.5 million as follows: Gross Profit of $2.6 million decreased 39% for the first three months of fiscal 2013 YoY Gross Margin of 47% for the first three months of fiscal 2013, compared to 54% in the prior 2012 period Net Income $0.7 million or $0.09 per fully diluted share, as compared with $1…

Tri-Tech (TRIT)

First Quarter 2013 Financial Results Revenues declined by 45.5% to $10.5 million, compared to$19.2 million in first quarter 2012. Gross profit declined by 55.3% to $2.3 million compared to $5.2 million in first quarter 2012. Gross margin decreased to 22.3% from 27.1% in the first quarter of 2012. Net loss was $1.1 million, compared to net…

Usmart Mobile Device Inc Commo (ACLO)

First Quarter 2013 Financial Results Net revenue for the quarter ended March 31, 2013 was $14.5 million, compared to $42.4 million in the same period last year. Gross loss for the first quarter of 2013 was $98.5 thousand, compared to a gross profit of $364.7 thousand in the same period last year. Net income for the quarter ended March 31, 2013 was $888.3…

Xun Energy (XNRG)

PORTLAND, OR--(Marketwired - May 16, 2013) - Xun Energy, Inc. (OTCBB: XNRG) announced that the Company's operator, Vencedor Energy Partners, commenced site construction on March 30, 2013 with the installation of the erosion and snake barriers. On May 3, 2013, the Pennsylvania Department of Transportation issued Permit No. 01031693 for the Highway Occupancy Permit (HOP). The HOP authorizes work only in department highway right of way…

Wednesday, May 15, 2013

Alpine Group (APNI)

First Quarter 2013 Results For the first quarter 2013 revenues decreased by $0.7 million from $41.1 to $40.4 million due primarily to a comparative decrease in its Posterloid subsidiary's revenue. Net income for the first quarter of 2013 was $0.6 million vs a loss of $0.4 million in prior year period. Steven S. Elbaum, Alpine's Chairman and Chief Executive Officer, stated that, "Alpine recently filed…

Aoxing Pharmaceuticals (AXN)

JERSEY CITY, N.J., May 15, 2013 /PRNewswire/ -- Aoxing Pharmaceutical Company, Inc. (NYSE MKT: AXN) ("Aoxing Pharma"), a specialty pharmaceutical company focusing on research, development, manufacturing, and distribution of narcotic, pain-management, and addiction treatment pharmaceuticals, today announced its financial and operational results for the three and nine month periods ended March 31, 2013. Complete financial results can be found in the…

Aoxing Pharmaceuticals Co (CAXGD)

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China Advanced (CADC)

Third Quarter 2013 Financial results Revenue reduced 61.7% from the prior year the same quarter to $7.2 million Gross margin at 0.81% Net loss of $8.8 million or EPS of $(0.49) vs. last years loss of $(0.24) Guidance Update During the third quarter ended June 30, 2013, the management expects the Company to earn revenue of between $13 million and…

China Auto Logistics (CALI)

First Quarter 2013 Financial Results Net revenues for the three months ended March 31, 2013 increased 0.17% to $107,625,066 from $107,445,586 in the first quarter last year. Net income attributable to shareholders in the 2013 first quarter declined to $1,007,335, or $0.27 per share, compared with $1,581,477, or $0.43 per share in the first quarter of 2012. Mr. Tong…

China Carbon Graphite (CHGI)

China Carbon Graphite Group, Inc. and SubsidiariesConsolidated Statements of Operations and Comprehensive Income For the Three Months Ended March 31, 2013 and 2012 (Unaudited) >…

China Fruits (CHFR)

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China Housing & Land (CHLN)

First Quarter 2013 Financial Results Revenue in the first quarter of 2013 decreased 11.7% to $54.4 million from $61.5 million in the fourth quarter of 2012 and increased 131.4% from $23.5 million in the first quarter of 2012. Gross profit for the three months ended March 31, 2013 was $9.0 million, representing a decrease of 57.1% from $21.1 million in the fourth quarter of 2012 and…

China Natural Gas (CHNG)

First Quarter 2013 Financial Results Revenue in the first quarter of 2013 increased by 10.0% to $35.5 million from $32.3 million in the first quarter of 2012 Gross profit in the first quarter of 2013 increased 13.8% to $12.9 million from $11.4 million in the same period of the prior year. Net income in the first quarter of 2013 increased by 139.6% to $4.7million or $0.22 per diluted…

China Pharma Holdings (CPHI)

First Quarter 2013 Financial Results Revenue decreased 49% to $8.2 million in the first quarter of 2013 from $16.1 million in the first quarter of 2012. Gross loss was $1.6 million in the first quarter of 2013, a decrease of $6.9 million compared to $5.3 milliongross profit in the first quarter of 2012; management estimated that without the effect of inventory obsolescence, gross profit would have been $2.1…

China Power Equipment (CPQQ)

First Quarter 2013 Financial Results: Net revenues decreased 5.5% to $6.85 million year-over-year Net revenues from amorphous alloy transformer business increased 2.7% to 1.82 million year-over-year Gross margin for amorphous alloy transformer increased 2.7 percentage points to 23.6% year-over-year Net income increased 1.7% to $1.06 million with $0.04 in diluted EPS "Although first fiscal quarter…

China Precision Steel (CPSL)

Third Quarter Financial Results Revenue was $8.6 million Gross loss was $2.4 million Net loss for the third quarter of fiscal year 2013 was $13.5 million, compared to net loss of $3.3 million for the third quarter of fiscal year 2012. Fully diluted loss per share was $3.48, compared to fully diluted loss per share of $0.85 in the same period a year ago "We…

China Recycling Energy (CREG)

First Quarter 2013 Results Total sales, including system sales and contingent rental income, for the three months ended March 31, 2013 was $14.34 million while the total sales for the comparable period of 2012 was $0.15 million, an increase of $14.19 million as a result of increases in system sales and in contingent rental income. For the first quarter of 2013, GAAP diluted EPS was $0.07 with approximately 50.22 million…

Chinanet Online Holdings (CNET)

BEIJING, May 15, 2013 (GLOBE NEWSWIRE) -- ChinaNet Online Holdings, Inc. (Nasdaq:CNET) (the "Company" or "ChinaNet"), a leading B2B (business to business) Internet technology company focusing on providing online-to-offline ("O2O") sales channel expansion services for small businesses (small and medium-sized enterprises ("SMEs") in China) and entrepreneurial management and LINK services for entrepreneurs in the People's Republic…

Cleantech Solutions (CLNT)

First Quarter 2013 Results Revenue for the first quarter of 2013 increased 47.6% to $13.9 million, compared to $9.4 million for the same period of 2012 Gross profit for the first quarter of 2013 increased 66.3% to $3.1 million, compared to $1.9 million for the same period in 2012. Net income for the first quarter of 2013 was $1.6 million, or…

Cogo Group (COGO)

SHENZHEN, China, May 15, 2013 /PRNewswire/ -- Cogo Group, Inc. ("Cogo" or the "Company") (Nasdaq: COGO), a leading gateway for global semiconductor companies to access the industrial and technology sectors in China, today announced its preliminary unaudited financial results for the quarter ended March 31, 2013. Revenue in the first quarter was approximately $182.4 million, compared to $169.3 million reported in the…

Costar Technologies (CSTI)

First Quarter 2013 Results Revenue for the first quarter of 2013 totaled $7,309 compared to revenue of $6,616 for the first quarter of 2012, an increase of 10.5% Net profit for the first quarter of 2013 was approximately $596, or $0.41 earnings per share. This compares to a profit for the first quarter of 2012 of $591, or $0.41 earnings per share. On April 1,…

Datatrak Intl (DTRK)

First Quarter 2013 Results Revenue increased by 22% to $2.6 million in the first quarter of 2013 compared to $2.1 million in the first quarter of 2012 due to strong new contract sales which fueled backlog increases throughout 2012 and in the first quarter of 2013 as well. For the three months ended March 31, 2013, the Company recorded other income of $750,000. DATATRAK received $750,000 from a third-party in connection…

E-House China Holdings (EJ)

First Quarter 2013 Financial Results Total revenues were $116.6 million, an increase of 97% from $59.1 million for the same quarter of 2012, primarily driven by E-House's real estate brokerage services and real estate online services. Net loss attributable to E-House shareholders was $5.4 million, or $0.05 loss per diluted ADS, compared to net loss attributable to E-House shareholders of $25.9 million, or…

Energy Focus (EFOI)

First Quarter 2013 Results Net sales of $5.3 million for the first quarter of 2013 and 2012. Gross margins of 22.5 percent of net sales compared to 14.8 percent of net sales for the first quarter of 2012. A net loss of $1.4 million compared to a net loss $1.9 million in the first quarter of 2012. James Tu, Executive Chairman, commented: "Our first quarter sales came…

Ever-Glory Intl (EVK)

First Quarter 2013 Results Total sales for the quarter were $78.3 million, an increase of 47.1% compared to $53.2 million in the first quarter of last year. Non-GAAP diluted earnings per share were $0.19 in the first quarter of 2013 compared to $0.13 in the first quarter of 2012. Business Outlook For the second quarter of 2013, Every-Glory anticipates total net sales in the range of…

Exceed (EDS)

First Quarter 2013 Financial Results Revenue was RMB301.1 million (US$48.5 million), representing a 66.3% year-over-year decrease. Gross profit was RMB78.8 million (US$12.7 million), representing a 69.7% year-over-year decrease. Gross margin was 26.2%, representing a 2.8 percentage point decrease as compared to 29.0% for the first quarter of 2012. Net profit was RMB9…

Feihe Intl (ADY)

First Quarter 2013 Financial Results:increase of $16.9 million or 26.9% from $62.9 million Revenue was $79.8 million in 1Q 2013, an in 1Q 2012, and a sequential increase of $4.3 million or 5.7% from $75.5 million in 4Q 2012. Gross profit was $45.3 million, up $11.3 million or 33.2% from $34.0 million in 1Q 2012, and…

Global Mobile Tech (GLMB)

Third Quarter 2013 Financial Results Financial highlights for Q3, 2013 compared to Q3, 2012 include the following: Revenue: $4.46M vs $4.00M ($0.46M or 12% increase) Gross profit: $1.44M vs $1.25M ($0.19M or 15% increase) Gross profit margin: 32.4% vs 31.1% (130 basis point increase) Net income…

Guanwei Recycling (GPRC)

First Quarter 2013 Financial Results Net income grew 14.53% year over year as the Company achieved small year over year increases. EPS in the 2013 first quarter increased to $0.23, compared with $0.21 a year earlier. Outlook "We continue to be very optimistic about our longer term outlook," stated Mr. Min Chen, Chairman and CEO of the Company, "for as the economy in China strengthens further,…

Internet Initiative (IIJI)

Full Year 2013 Results Total revenues were JPY106,248 million, up 9.2% YoY. As a result of the above, net income was JPY5,317 million, up 48.8% YoY (JPY3,575 million for FY2011). "We finished pretty well this fiscal year as each of our business progressed as planned. Our revenues exceeded JPY100 billion for the first time since the inception of the company. The business developments we accomplished should position…

L & L Energy (LLEN)

SEATTLE, May 15, 2013 /PRNewswire/ -- L & L Energy, Inc., (Nasdaq: LLEN) ("L&L" or the "Company"), a Seattle-based company with a track record of profitable coal operations in China, announced today that it has signed an agreement to provide one million tons of coal to a Datang International Power Co. ("Datang") power plant. In October of…

Nova Lifestyle (STVS)

NOVA LIFESTYLE, INC. AND SUBSIDIARIES CONDENSED CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME FOR THE THREE MONTHS ENDED MARCH 31, 2013 AND 2012 (UNAUDITED) >…

Nq Mobile (NQ)

First Quarter 2013 Financial Results; Net revenues increased 108.0% year-over-year to $33.2 million. Non-GAAP operating income[5] increased 77.9% year-over-year to $10.0 million. Net income attributable to NQ Mobile increased 34.2% year-over-year to $2.9 million. Non-GAAP net income[6] increased 64.0% year-over-year to $10.5 million…

Orient Paper (ONP)

First Quarter 2013 Results Total Revenue in the first quarter of 2013 was $19.7 million, decreased 42.6% from $34.4 million. Basic and diluted earnings per share for the first quarter of 2013 were $0.02 compared to $0.25 for the corresponding period of 2012. Mr. Zhenyong Liu, Chairman and Chief Executive Officer of Orient Paper, commented, "We are pleased that our facilities passed the rigorous governmental…

Pacific Health Care (PFHO)

Pacific Health Care Organization, Inc.Condensed Consolidated Statements of Operations (Unaudited) >…

Pingtan Marine Enterprises Ltd (PME)

First Quarter 2013 Results Total renevue of $46.4 million, compared to $75.1 million for the same quarter of 2012. EPS of $0.17, compared to $0.34 for the same quarter of 2012. Mr. Xinrong Zhuo, Chairman and CEO of the Company, stated, "The last several weeks have been a monumental period in our Company's history, as we believe our team has created a diversified entity in…

Shengtai Pharmaceuticals (SGTI)

SHENGTAI PHARMACEUTICAL INC. AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF INCOME AND OTHER COMPREHENSIVE INCOME Unaudited >…

Sino Gas Intl (SGAS)

Sino Gas International Holdings, Inc. Consolidated Statements of Income For the three-month periods ended March 31, 2013 and 2012 (Stated in US Dollars) >…

Sorl Auto Parts (SORL)

First Quarter 2013 Financial Results Net sales were $41.3 million, compared to $44.6 million for the first quarter of 2012. Gross profit for the first quarter of 2013 was $11.2 million, which is a slight decline compared with $12.2 million for the first quarter of 2012. Net income attributable to stockholders for the first quarter of 2013 was $1.2 million, or $0.06 per basic and diluted…

Taylor Morrison Home Corp (TMHC)

First Quarter 2013 Results Net sales orders increased 52% to 1,681 in the first quarter of 2013 as compared to 1,106 in the first quarter of last year. First quarter 2013 EPS of $0.20 vs $0.08 in the prior year period. “We started the year in a position of strength, with a 136% increase in net income, continuing our track record of solid financial performance and adding to our…

Tht Heat Transfer (THTI)

First Quarter 2013 Financial Results Sales revenue decreased by 30.9% year-over-year to US$7.9 million. Gross profit decreased by 35.1% year-over-year to US$3.0 million. Gross margin was 37.8%, compared to 40.2% for the first quarter 2012. Operating income decreased by 16.1% year-over-year to US$0.7 million. Net income attributable to common stockholders was US$…

Trunkbow Intl (TBOW)

First Quarter 2013 Fincancial Results Gross revenue in the first quarter of 2013 was $1.1 million, compared with gross revenue of $6.8 million in the same period a year ago. Gross profit in the first quarter of 2013 totaled $0.2 million, compared with $5.3 million in the first quarter of 2012. As a percentage of net revenue, gross margin was 22.6% in the first quarter of 2013,…

Wireless Telecom Group (WTT)

First Quarter 2013 Results For the quarter ended March 31, 2013, the Company reported net sales of $6,797,000, compared to $6,902,000 for the same period in 2012, a decrease of 1.5%. The Company also reported net income of $346,000 or $0.01 per diluted share for the first quarter of 2013, compared to net income of $656,000, or $0.03 per diluted share,…

Tuesday, May 14, 2013

Agria (GRO)

BEIJING--(Marketwired - May 14, 2013) - Agria Corporation (NYSE: GRO) (the "Company" or "Agria") today announced that its New Zealand-listed subsidiary, PGG Wrightson Limited (NZX: PGW) ("PGW"), has provided an earnings guidance update. Earnings before interest, tax and depreciation ("EBITDA") for the financial year ending June 30, 2013 is forecast to be in the range of…

Airmedia Group (AMCN)

First Quarter 2013 Financial Results Total revenues decreased by 4.4% year-over-year and by 23.3% quarter-over-quarter to US$64.5 million. The year-over-year decrease was partially due to China's replacement of regular business tax with Value Added Tax ("VAT") in Beijing, one of AirMedia's key regions of operations. Net revenues decreased by 3.8% year-over-year and by 23.0% quarter-over-quarter to…

Axesstel (AXST)

First Quarter 2013 Results Axesstel reported revenues for the first quarter of 2013 of $10.1 million vs. $12.0 in prior year period. First quarter 2013 net income of $84,000, or $0.00 per diluted share vs net income of $472,000, or $0.02 per diluted share in prior year period. Clark Hickock, CEO of Axesstel, stated, "Revenue in the first quarter was below our…

China Automotive Systems (CAAS)

First Quarter 2013 Results Net sales increased by 20.1% to a first-quarter record of $97.2 million, compared to $80.9 million in the first quarter of 2012. Reported EPS of $0.21, compared to a loss of $0.03 for the same quarter of 2012. Mr. Qizhou Wu, chief executive officer of CAAS, commented, "In the first quarter of 2013, we achieved record net sales for…

China Ceramics Co (CCCL)

First Quarter 2013 Financial Results Revenue for the first quarter ended March 31, 2013 was RMB 149.2 million (US$ 24.0 million), down 59.9% from RMB 372.3 million (US$ 59.1 million) for the first quarter ended March 31, 2012 Gross profit for the first quarter ended March 31, 2013 was RMB 5.1 million (US$ 0.8 million), down 95.5% from RMB 113.0…

China Marine Food (CMFO)

First Quarter 2013 Results Total net revenues, including Mingxiang�-branded seafood snack foods, Hi-Power� beverages and marine catch was $21.5 million, up approximately 42.4% from $15.1 million in the prior year's period. Gross Profit was $7.2 Million vs. last years 4.6 million an increase of 57.5%. Diluted EPS was $0.02 vs. last years loss…

China Shengda Packaging (CPGI)

First Quarter 2013 Financial Results Revenues decreased by 4.8% to $27.1 million for the first quarter of 2013, mainly due decrease in sales volume. Gross profit decreased by 3.1% to $5.3 million for the first quarter of 2013 from $5.5 million for the same period of 2012. Gross margin increased by 34 basis points to 19.5% for the first quarter of 2013. Net income attributable to the…

China Xd Plastics Co (CXDC)

First Quarter 2013 Financial Results Revenues for the first quarter of fiscal 2013 were $171.0 million, representing a year-over-year increase of 38.8% from $123.2 millionin the first quarter of fiscal 2012. Gross profit for the first quarter of fiscal 2013 was $29.2 million, down 6.4% from $31.2 million in the first quarter of fiscal 2012. Gross margin was 17.1%, compared to…

Comstock Holdings (CHCI)

First Quarter 2013 Results Total revenue for the first quarter of 2013 totaled $11.6 million ($11.4 million from 21 home settlements) compared to $3.9 million for the 2012 first quarter. This compares to 17 settlements and $3.2 million in homebuilding revenue in the first quarter of 2012. The Company reported net income from continuing operations of $1.1 million for the first quarter 2013 compared to a net loss from continuing operations…

Country Style Cooking (CCSC)

First Quarter 2013 Financial Results Revenues in the first quarter of 2013 were RMB307.2 million ($49.5 million), an increase of 7.7% from RMB285.2 million in the same quarter of 2012. Comparable restaurant sales decreased by 4.1% from the same quarter of 2012. There were 177 restaurants in the comparison. Restaurant level operating margin was 12.7%, an increase of 140 basis points from the same quarter of…

Deyu Agriculture (DEYU)

First Quarter 2013 Financial Results: Net revenue was $77.2 million, compared to $62.7 million in Q1 of 2012; Gross profit was $8.8 million, compared to $12.4 million in Q1 of 2012; Gross margin was 11.4%, compared to 19.8% in Q1 of 2012; Net income available to common stockholders was $3.1 million, compared to $6.2 million in Q1…

Direct Insite (DIRI)

First Quarter 2013 Results Revenue for the three months ended March 31, 2013, was $2,360,000, an increase of $245,000, or 11.6%, from revenue of $2,115,000 for the three months ended March 31, 2012. Basic and diluted earnings per share for the three months ended March 31, 2013 was $0.01 compared to essentially breaking even in the comparable prior period."We are…

Elong (LONG)

First Quarter 2013 Financial Results Net revenues increased 42% to RMB217.4 million (US$35.0 million), compared to RMB153.2 million(US$24.3 million) in the first quarter of 2012. Net income for the first quarter of 2013 was RMB2.8 million, compared to net income of RMB11.9 million during the prior year quarter. Basic net income per ADS and diluted net income per ADS for the first quarter…

Global Sources (GSOL)

First Quarter 2013 Financial Results Revenue was $31.3 million, as compared to $38.9 million. IFRS net income was $5.6 million, or $0.16 per diluted share, as compared to first quarter 2012 IFRS net income of $3.1 million, or $0.09 per diluted share. Non-IFRS net income was $1.8 million, or $0.05 per diluted share, as compared to $3…

Green Parts Intl (GNPT)

ATLANTA, May 14, 2013 /PRNewswire/ -- Green Parts International, Inc. (Pink Sheets: GNPT), GNPT.PK, announced today a general update on the progress and status of the company. As a "green" company, GP engages in the recycling of vehicles and appliances. The recycling of these products covers markets ranging from automotive, steel, oil, and other metals like copper and aluminum. Green Parts International, together…

Home Inns & Hotels (HMIN)

First Quarter 2013 Financial Results Total revenues increased 11.7% to RMB 1.402 billion (US$225.8 million) for the first quarter of 2013, which was within the guidance range of RMB 1.385 billion to RMB 1.415 billion. Adjusted net income (non-GAAP) was RMB 10.3 million (US$1.7million) compared to a loss of RMB 24.6 million in the first quarter of 2012. Adjusted EBITDA (non-…

Italk Inc Common (TALK)

FT. LAUDERDALE, Fla., May 14, 2013 /PRNewswire/ -- iTalk Inc. (OTCQB: TALK) (OTCBB: TALK) ("iTalk" or the "Company"), a global provider of advanced communications and mobile broadband services, is pleased to announce that it has implemented and launched a comprehensive affiliate marketing strategy designed to acquire new customers for its iTalk, iData, and RocketVoIP branded products and subscriber services. The initial launch…

Kandi Technolgies Group (KNDI)

First Quarter 2013 Results Revenues grew 2.1% to $14.67 million from $14.36 million last year; EPS for the first quarter 2013 were $0.07 vs $0.08 in prior year. Mr. Xiaoming Hu, Chairman and CEO of the Company commented, "The first quarter has been our slowest quarter due to the Chinese New Year Holiday. However, we are still pretty happy about our steady financial results…

Memsic (MEMS)

First Quarter 2013 Financial Results Net sales totaled $11.4 million compared to $20.0 million in the 2012 quarter. Gross margin was 36.4% compared to 37.1% in the 2012 quarter. GAAP net loss was $2.5 million, or $0.10 per diluted share, compared to net income of $1.2 million, or $0.05 per diluted share, in the 2012 quarter. MEMSIC Chairman,…

Noah Holdings (NOAH)

SHANGHAI, May 14, 2013 /PRNewswire/ -- Noah Holdings Limited ("Noah" or the "Company") (NYSE: NOAH), a leading wealth management service provider focusing on distributing wealth management products to the high net worth population in China, today announced that in view of the unusual market activity in the stock of Noah on Monday, May 13, 2013, the New York Stock Exchange has contacted the Company in accordance with its usual practice…

Nutrastar Intl (NUIN)

First Quarter 2013 Financial Results Net revenue increased 8.0% to $7.41 million, as compared to $6.86 million in the quarter ended March 31, 2012. Gross profit increased 11.0% to $5.64 million, up from $5.08 million in the comparable 2012 quarter, representing a gross margin of 76.1%. Net income was $3.41 million, as compared to $2.95 million in Q1…

Phoenix New Media (FENG)

First Quarter 2013 Financial Results Total revenues for the first quarter of 2013 increased by 17.7% to RMB281.4 million (US$45.3 million) from RMB239.1 million in the first quarter of 2012. Net income attributable to Phoenix New Media Limited for the first quarter of 2013 increased by 19.0% to RMB39.2 million(US$6.3 million) from RMB32.9 million in the first quarter of 2012. Net margin for the first quarter…

Sanuwave Health (SNWV)

First Quarter 2013 Results Revenue for the three months ended March 31, 2013 was $201,234, compared with $238,540 for the same period in 2012, a decrease of $37,306, or 16%. The net loss for the three months ended March 31, 2013 was $5,369,333, or ($0.25) per share, compared with a net loss of $1,835,315, or ($0.09)…

Sino-Global Shpping (SINO)

Third Quarter 2013 Financial Results Total revenues decreased 74.32% to US$2.34 million, from US$9.11 million in the third fiscal quarter ended March 31, 2013. Net loss improved to US$211,040 from net loss of US$770,155 in the third fiscal quarter of 2012. Basic and diluted losses per share were US$0.06 and US$0.16 for the third fiscal quarters of 2013 and 2012, respectively…

Sinocoking Coal & Coke (SCOK)

Third Quarter 2013 Financial Results Total revenue was $13.9 million, as compared to $16.8 million. Gross margin was 15.0%, as compared to 15.7%. Net income, including foreign currency transaction adjustment, was $1.2 million or $0.02 per diluted share, as compared to net income of $2.1 million or $0.07 per diluted share. Mr. Lv added, "…

Skypeople Fruit Juice (SPU)

First Quarter 2013 Results Revenue for the three months ended March 31, 2013 was $18.6 million, an increase of 24% as compared to $15.0 million for the same period in 2012. Net income attributable to SkyPeople Fruit Juice was $3.8 million for the first quarter of 2013, an increase of 99% as compared to $1.9 million for the same period in 2012, while diluted earnings per share was $0.14,…

Tianli Agritech (OINK)

First Quarter 2013 Financial Results Revenue for the first quarter of 2013 increased 10% to $7.39 million from the same period of 2012. Gross profit for the first quarter of 2013 was $0.81 million, a 38% decrease from the same period of last year. Net loss from continuing operations for the first quarter of 2013 was $0.18 million, compared to net income of $0.71 million for the same period…

Tianyin Pharmaceuticals Co (TPI)

Third Quarter Fiscal Year 2013 Financial Results Revenue was $15.5 million compared with $14.4 million in 3Q12 an increase of 8.1% year over year, Operating income was $1.8 million, compared with $1.3 million in 3Q12, an increase of 38.8% year over year, Net Income was $1.3 million compared with $0.9 million in 3Q12, an increase of 40.9% year over year,…

Titan Energy Worldwide (TEWI)

Preliminary First Quarter 2013 Results "Titan Energy continues to demonstrate strong growth and financial progress, as overall sales of $4.7 million was a 42% increase compared to the same quarter in 2012. Equipment sales were $2.8 million, an increase of 32%, and service sales were $1.8 million, an increase of 62% over the same quarter in 2012. The increase in equipment sales was primarily due to improved sales activities in our Northeast division…

Trina Solar (TSL)

CHANGZHOU, China, May 14, 2013 /PRNewswire/ -- Trina Solar Limited (NYSE: TSL) (" Trina Solar " or the "Company"), a global leader in photovoltaic (PV) modules, solutions and services, announced today the following updates to its previous guidance made for the quarter ended March 31, 2013. The Company estimates its solar module shipments in the first quarter of 2013 to be between 390 MW to 400…

Vipshop Holdings (VIPS)

First Quarter 2013 Financial Results Net revenues for the first quarter of 2013 increased by 206.8% to US$310.7 million from US$101.3 million in the prior year period, primarily driven by growth in the number of active customers and total orders. Net income was US$5.8 million, compared to a net loss of US$8.6 million in the prior year period. Net income margin was 1.9%, compared with a net loss…

Wuxi Pharmatech (cayman) (WX)

First-Quarter 2013 Non-GAAP Results Non-GAAP financial results exclude the impact of share-based compensation expenses and the amortization of acquired intangible assets and the associated deferred tax impact. Non-GAAP gross profit increased 11.6% year over year to $48.5 million, mainly due to the broad-based revenue growth discussed above. Non-GAAP gross margin was flat year-over-year at 36.8%, as the benefits of improved productivity were…

Monday, May 13, 2013

Apollo Solar Energy (ASOE)

>…

China Gerui Advanced (CHOP)

ZHENGZHOU, China, May 13, 2013 /PRNewswire/ -- China Gerui Advanced Materials Group Limited (CHOP) ("China Gerui, or the "Company"), a leading high-precision, cold-rolled steel producer in China, announced today it has retained Cambelle-Inland, an investment firm led by Craig T. Bouchard, to advise the Company on strategic planning and its expansion into global markets. Craig T. Bouchard has a track record of success…

China Green Agriculture (CGA)

Third Quarter 2013 Financial Results Q3 FY2013 net sales decreased 9.8% to $65.9 million, net income increased 8.4% to $13.4 million with EPS of $0.48, beating previously provided guidance Company Provides the Fourth Quarter Fiscal Year 2013 Guidance: Revenue, Net Income and EPS of at least $57.9 million,$12.5 million and $0.45, respectively Company reaffirms Fiscal Year 2013 Guidance: Revenue,…

China Hgs Real Estate (HGSH)

Second Quarter 2013 Financial Results Total revenues for the second quarter of fiscal 2013 were $19.4 million, an increase of 573.4% from $2.9 million in the same period of fiscal 2012. Net income for the second quarter of fiscal 2013 totaled $5.8 million, a significant increase compared to the net income of $0.9 million in the same period of fiscal 2012. Basic and diluted net earnings per share (…

China Yuchai (CYD)

First Quarter 2013 Financial Results Net revenue for the first quarter of 2013 was RMB 3.84 billion (US$ 613.1 million) compared with RMB 3.68 billion in the first quarter of 2012. The increase in net sales was RMB 161.7 million, or 4.4% as compared with the same period in 2012. Gross profit was RMB 777.3 million (US$ 124.0 million) compared with RMB 779.4…

Highpower Intl (HPJ)

First Quarter 2013 Financial Results Net sales for the first quarter ended March 31, 2013 totaled $24.4 million, a year-over-year increase of 18.4% compared with $20.6 million for the first quarter ended March 31, 2012 Gross profit increased to $4.8 million, as compared with $3.7 million for the first quarter of 2012. Gross profit margin was 19.5% for the first quarter of 2013, as compared…

Ifm Investments (CTC)

First Quarter 2013 Financial Results Net revenue in the first quarter of 2013 was a record high of RMB259.3 million (US$41.8 million), an increase of 14.3% from the fourth quarter of 2012, and an increase of 98.7% from the first quarter of 2012. Revenue from company-owned brokerage services in the first quarter of 2013 was RMB215.0 million(US$34.6 million), an increase of 25.9% from the…

Nf Energy Saving (NFEC)

First Quarter 2013 Financial Results For the three months ended March 31, 2013, the total revenues were $1.29 million. Gross profit was $0.41 million for the three months ended March 31, 2013. Net income was $9,765 for the three months ended March 31, 2013. The increase in revenues and profit of the first quarter as compared with the corresponding period last year was primarily was due…

Perion Network (PERI)

First Quarter 2013 Results Q1’13 revenues were a record $27.6 million, increasing 145%, compared to the first quarter of 2012. In the first quarter of 2013, net income was $5.8 million, increasing 166%, from $2.2 million in the first quarter of 2012. The growth in net income caused earnings per share to more than double from $0.22 per share in the first quarter of 2012,…

Reconstruction Tech (RCON)

Third Quarter 2013 Financial Results; Total revenue for the third quarter of FY2013 was RMB7.5 million ($1.2 million), a decrease of 42.4% from the same period of FY2012. Gross margin increased to 55.4% for the third quarter of FY2013 from 47.9% for the same period of FY2012. Net loss attributable to ordinary shareholders for the third quarter of FY2013 was RMB1.2 million ($0.2 million)…

Sky-Mobi (MOBI)

Fourth Quarter 2013 Financial Results Total revenues decreased 10.1% to RMB161.0 million (US$25.9 million) compared to RMB179.0 million in the fiscal fourth quarter ended March 31, 2012 ("fourth quarter 2012"). Revenues collected from third party channels (i.e., revenues not collected through mobile network operators) represented 21.4% of total revenues Basic and diluted earnings per common share ("EPS") were RMB0…

Sutor Tech Group (SUTR)

Third Quarter 2013 Financial Results Revenue was $139.6 Million vs last years 109.9 a 27% increase Net Income$3.88 Million vs last years$1.28 Million an increase of 203.1% EPS Fully Diluted was $0.10 vs last years $0.03 an increase 233.3% Ms. Lifang Chen, CEO and Chairwoman of Sutor, commented: "Following a successful second quarterof fiscal 2013, we are pleased to report…

Versar (VSR)

Third Quarter 2013 Results Gross revenue for the third quarter of fiscal year 2013 was $31.6 million, a 22.7% increase compared to revenue of $25.7 million reported in the third quarter of fiscal year 2012. Net income for the third quarter of fiscal year 2013 was $1.0 million or $0.11 per basic and diluted share, an increase of 8.2% compared to net income in the third quarter of fiscal 2012…

Xcelmobility (XCLL)

REDWOOD CITY, CA--(Marketwired - May 13, 2013) - XcelMobility Inc. (OTCQB: XCLL), ("Xcel" or the "Company"), is pleased to announce that it has retained Consulting for Strategic Growth 1 (CFSG1) as its primary investor relations and corporate development firm in order to drive investor awareness of the Company's expanding suite of mobile internet products and services. CFSG1, with offices in New York and Atlanta,…

Saturday, May 11, 2013

Nobility Homes (NOBH)

The Baby Boomer generation began to turn 65 in January 2011 and by 2030 the number of Americans 65 and over is predicted to almost double. This trend coupled with the end of the free spending credit-driven years, our 44 years of experience in the Florida market, and consumers’ increased need for more affordable housing should serve us well in the coming years. We remain convinced that our specific geographic market is one of the best long-term growth areas in the…

Friday, May 10, 2013

51 Job (JOBS)

First Quarter 2013 Financial Results: Total revenues of RMB380.4 million (US$61.2 million), a 0.1% decrease compared to Q1 2012 and within the Company's guidance range Fully diluted earnings per common share were RMB1.82 (US$0.59 per ADS) Excluding share-based compensation expense and loss from foreign currency translation as well as their related tax impact, non-GAAP adjusted fully diluted earnings per common share were RMB2.07 (…

Aceto (ACET)

Third Quarter 2013 Results Net sales for the fiscal 2013 third quarter ended March 31, 2013 were $150.9 million, a 24.3% increase from $121.4 million for the fiscal 2012 third quarter. Non-GAAP net income for the fiscal 2013 third quarter was $9.3 million, or $0.34 per share vs $0.18 in prior year. Sal Guccione, Chief Executive Officer of ACETO, stated, "We are…

Autonavi Holdings (AMAP)

First Quarter 2013 Financial Results Total net revenues in the first quarter of 2013 were $34.3 million, compared to $35.7 million in the first quarter of 2012, and $43.6 million in the fourth quarter of 2012. Non-GAAP net income attributable to AutoNavi shareholders, which excludes share-based compensation expenses, was $8.4 million in the first quarter of 2013, compared to $12.2 million in the first quarter of 2012…

China Changjiang Mining (CHJI)

CHINA CHANGJIANG MINING & NEW ENERGY CO., LTD.CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME (LOSS) FOR THE YEARS ENDED DECEMBER 31, 2012 AND 2011 (Stated in US Dollars) >…

Chipmos Technologies (IMOS)

HSINCHU, Taiwan, May 10, 2013 /PRNewswire-FirstCall/ -- ChipMOS TECHNOLOGIES (Bermuda) LTD. ("ChipMOS" or the "Company") (NASDAQ: IMOS) today reported its unaudited consolidated revenue for the month of April 2013. Revenue for the month of April 2013 was NT$1,574.1 million or US$53.3 million, a decrease of 2.4% from the month of March 2013and a decrease of 0.5% from the…

Coleman Cable (CCIX)

First-Quarter 2013 Financial Results Earnings per share (EPS) of $0.30 per diluted share, an increase of 42.9 percent from $0.21 for the first quarter of 2012. Adjusted EPS of $0.37 per diluted share, an increase of 54.2 percent compared to $0.24 per diluted share for the first quarter of last year. Sales increased to $222.5 million, up 0.9 percent compared to the…

Entertainment Gaming Asia Inc (EGT)

First Quarter 2013 Financial Results Revenue from gaming operations, which included slot and casino operations, was $5.3 million in the first quarter of 2013, an increase of 6% compared to $5.0 million in the first quarter of 2012. Net loss from continuing operations of $329,000, or $0.01 per share, on a weighted average diluted share count of approximately 30.0 million in the first quarter of 2013. This compared…

Exacttarget (ET)

First Quarter 2013 Results Revenues of $88.9 million, a 39 percent increase compared to the first quarter of 2012. Adjusted net loss of ($5.8) million, or $(0.08) per share on a basic and diluted basis, compared to $(2.2) million, or $(0.15) per share on a basic and diluted basis, in the first quarter of 2012. "Our first…

Far East Energy Corp (FEEC)

HOUSTON, May 10, 2013 /PRNewswire/ -- Far East Energy Corporation (OTCBB:FEEC) today announced that appraisal well SYS03 has reached total depth; preliminary gas content has been determined for the SYE06 appraisal well; and, the 108D, an additional production well has spudded, bringing to 14 the number of wells spudded thus far in 2013. The focus for the company remains the drilling and well-fracing program that management detailed in its conference call held April…

Gulf Resources (GURE)

First Quarter 2013 Financial Results Revenue was $22.5 million, a year-over-year decrease of 5% Gross profit was $4.5 million, a year-over-year decrease of 33% Gross margin decreased to 20 % as compared to 28% in the first quarter of 2012 Income from operations was $2.6 million as compared to $4.6 million in the first quarter of 2012 Operating margin was 12%…

Ivanhoe Energy (IVAN)

First Quarter 2013 Financial Results…

Lihua Intl (LIWA)

First Quarter 2013 Financial Results Sales for the first quarter of 2013 increased 29.1% to $218.2 million, compared with sales of $169.1 million in the first quarter of 2012. Gross profit for the first quarter of 2013 was $21.1 million, an increase of 13.0% from gross profit of $18.6 million for the first quarter of 2012. Net income for the first quarter of…

Mgmt Network Group (TMNG)

First Quarter 2013 Results Revenues in the first quarter of 2013 were $14.0 million, up from $13.8 million in the first quarter of 2012 and $12.9 million in the fourth quarter of 2012. After adjusting for the after tax impact of depreciation and amortization expense and share-based compensation expense, non-GAAP adjusted net income was $0.1 million, or $0.01 per diluted share during the first quarter of 2013. The…

Neostem (NBS)

NEOSTEM, INC. AND SUBSIDIARIESCONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) >…

Network Cn Inc Common (NWCN)

NETWORK CN INC. CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS FOR THE YEARS ENDED DECEMBER 31, 2012, 2011 AND 2010 >…

Smtc Corp (SMTX)

First Quarter 2013 Results Revenue for the quarter was $65.4 million, an 11% decrease sequentially from the fourth quarter of 2012, and a 10% decrease over the first quarter of 2012. Adjusted EPS for the quarter was $0.04 vs $0.15 in prior year period. "Compared to expectations, we experienced a reduction of $14 million in first quarter orders largely from two customers which led to lower revenues and…

Startek (SRT)

First Quarter 2013 Results First quarter 2013 revenues were $53.8 million vs $50.9 million in prior year period. he Company had a net loss of $2.3 million, or $0.15 per share, during the first quarter of 2013 as compared to a net loss of $6.1 million, or $0.40 per share, in first quarter of 2012. "Our results will be choppy as we lead our…

Xinyuan Real Estate (XIN)

First Quarter 2013 Financial Results Revenueswere US$169.4 million, a 1.9% decrease from US$172.6 million reported in the first quarter of 2012, and a 35.6% decrease from US$263.1 million recorded in the fourth quarter of 2012. First quarter revenue exceeded the midpoint of previous guidance of US$135.0 million by 25.5%. Net income reached US$26.6 million, a 14.7% increase from US$23.2 million…

Yongye Intl (YONG)

First Quarter 2013 Financial Results Revenue decreased 29.7% to $45.3 million from $64.4 million in the first quarter of 2012 Gross profit decreased 38.9% year-over-year to $21.6 million Income from operations was $1.1 million, compared to $21.9 million in the first quarter of 2012 Net loss attributable to Yongye was $0.6 million, or a loss of $0.03 per diluted…

Zhongpin (HOGS)

First quarter 2013 Financial Results Sales revenues increased 2% to $382.4 million in the first quarter 2013 from $374.1 million in the first quarter 2012 primarily due to higher sales volume of pork products sold at lower average selling prices. Net income decreased 13% to $10.6 million in the first quarter 2013 from $12.2 million in the first quarter 2012 primarily due to higher operating expenses in support of higher sales, more employees…

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