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Message Boards Settings SANCON RESOURCE RCVY - Quote Info
SRRY Earnings     12-Oct-09 10:41 pm    
Here is Sancon net earnings from latest SEC report. I really want to like this stock but nothing in this report looks all that exciting. What am I missing?

http://yahoo.brand.edgar-online.com/disp...

Net income for the three months period ended June 30, 2009 was $534,725, compared to $218,459 for the three months period ended June 30, 2008, an increase of $316,266 or 145%. The increase is mainly due to the significant increase of net income in CR of $378,652 or 240% and head office of $190,001 or 81% although net income of Sancon AU decreased $73,715 or 75% and Sancon SH decreased $178,866. Net profit margin for the three months period ended June 30, 2009 was 19% while it was 9% for the same period in 2008.

Net income for the six months period ended June 30, 2009 was $1,107,442, compared to $991,014 for the six months period ended June 30, 2008, an increase of $116,428 or 12%. The increase is mainly due to the significant increase of net income in CR of $547,880 or 93% although net income of Sancon AU decreased $102,332 or 69% and Sancon SH decreased $357,009 or 91%. Net profit margin for the six months period ended June 30, 2009 was 21% while it was 20% for the same period in 2008.
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solarity

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Kentucky


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SRRY Earnings
solarity (1 Rating) 12-Oct-09 10:41 pm  
 
a lot
rastadutch (1 Rating) 13-Oct-09 12:52 pm  
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