AGORACOM Small Cap TV - November 16th - Highlights
posted on
Nov 16, 2010 10:20AM
Good morning to you all. Please find enclosed a summary of the breaking small-cap and micro-cap financial news we highlighted on AGORACOM Small Cap TV this morning. It’s November 16th 2010, and we’ve found 5 great press releases to report on at the open. Another great day for small-cap and micro-cap financial news. To watch the show live every morning at 9:30 AM, visit our front page.
China Carbon Graphite Group Reported Its Third-Quarter 2010 Financial Results
NEW YORK, Nov. 16, 2010 (GLOBE NEWSWIRE) -- China Carbon Graphite Group, Inc. (OTCBB:CHGI) ("China Carbon" or the " Company"), the largest wholesale supplier of fine grain and high purity graphite in China and one of the nation's top overall producers of carbon and graphite products, today reiterated its financial results for its third-quarter ended September 30, 2010.
Third Quarter 2010 Highlights
Third Quarter 2010 Results
Q3 2010 |
Q3 2009 |
CHANGE |
|
Revenue |
$9.97 million |
$5.58 million |
+78.8% |
Gross profit |
$2.47 million |
$1.52 million |
+62.3% |
Net Income |
$1.9 million |
$0.94 million |
+100% |
EPS (Diluted)* |
$0.09 |
$0.06 |
+50% |
About China Carbon Graphite Group, Inc.
China Carbon Graphite Group, through its affiliate, Xingyong Carbon Co., Ltd., manufactures carbon and graphite based products in China. The company is the largest wholesale supplier of fine grain and high purity graphite in China and one of the nation's top overall producers of carbon and graphite products. Fine grain graphite is widely used in smelting for colored metals and rare-earth metal smelting as well as the manufacture of molds.
Last Trade: 0.9952 Week: 3.50 – 0.4501Market Cap: 20 Million
HARBIN, China, Nov. 16, 2010 /PRNewswire-Asia-FirstCall/ -- Emerald Dairy, Inc. (OTC Bulleting Board: EMDY) ("Emerald Dairy" or "the Company") a leading producer and distributor of infant and children's formula products, today announced financial results for its third quarter ended September 30, 2010.
Third Quarter 2010 Highlights
Third Quarter 2010 Results |
||||
3Q 2010 |
3Q 2009 |
CHANGE |
||
Net Sales |
$ 12.9 million |
$ 10.2 million |
27.0% |
|
Gross Profit |
$ 6.5 million |
$4.6 million |
41.4% |
|
GAAP Net Income |
$ 1.5 million |
$ 0.9 million |
66.4% |
|
EPS (Diluted) |
$0.04 |
$0.03 |
50.9% |
|
Adjusted Net Income* |
$ 2.0 million |
$ 0.9 million |
127.3% |
|
Adjusted EPS* |
$0.06 |
$0.03 |
100.0% |
About Emerald Dairy
Through its wholly-owned operating subsidiaries, Emerald Dairy, Inc. is a producer and distributor of infant and children's formula, milk powder and soybean products in the People's Republic of China. The Company's products are sold under two brand names -- "Xing An Ling," designed for middle and high-end customers, and "Yi Bai," designed for low-end customers. Emerald Dairy's products are distributed throughout 20 provinces in mainland China and sold in over 6,000 retail points.
Last Trade: 1.2052 Week: 1.91 – 0.80Market Cap: 40.82 Million
China Wind Systems, Inc. Reports Third Quarter 2010 Results
WUXI, Jiangsu Province, China, Nov. 16, 2010 /PRNewswire-Asia-FirstCall/ -- – China Wind Systems, Inc. (Nasdaq:CWS - News), ("China Wind Systems" or the "Company"), a leading supplier of forged rolled rings and other forged components to the wind power and other industries and industrial equipment primarily to the textile industry in China, today announced its financial results for the third quarter and the nine months ended September 30, 2010.
Third Quarter 2010 Highlights and Recent Events
·About China Wind Systems, Inc.
·China Wind Systems supplies precision forged components such as rolled rings, shafts and flanges to the wind power and other industries and industrial equipment primarily to the textile industry in China. With its newly finished state-of-the-art production facility, the Company has increased its production and shipment of high-precision rolled rings and other essential components primarily to the wind power and other industries.
LastTrade: 4.6452 Week: 8.20 – 3.64Market Cap”: 82.23 Million
American Lorain Corporation Reports Financial Results for the Third Quarter 2010
JUNAN COUNTY, China, Nov. 16, 2010 /PRNewswire-Asia-FirstCall/ -- American Lorain Corporation (NYSE Amex: ALN) ("American Lorain" or "the Company"), an international processed snack foods, convenience foods, and frozen foods company based in Shandong Province, China, today announced its financial results for its third quarter ended September 30, 2010.
Third Quarter 2010 Highlights
Third Quarter 2010 Results |
||||
Q3 2010 |
Q3 2009 |
CHANGE |
||
Net Sales |
$ 48.1 million |
$ 38.7 million |
+ 24.3 % |
|
Gross Profit |
$ 10.8 million |
$9.1 million |
+ 18.4 % |
|
Net Income |
$ 5.1 million |
$ 4.5 million |
+ 13.1 % |
|
EPS (Diluted)* |
$0.16 |
$0.18 |
-11.1 % |
About American Lorain Corporation
American Lorain Corporation products include chestnut products, convenience food products and frozen food products. The Company currently sells over 230 products to 26 provinces and administrative regions in China as well as to 42 foreign countries. The Company operates through its four direct and indirect subsidiaries and one leased factory located in China.
Last Trade: 2.7852 Week: 4.18 – 2.45Market Cap; 74.37 Million
reports drill results from the ongoing exploration programs in the Matagami Camp. The results are highlighted by the intersection of 2.35% copper over 8.9 metres, in an emerging mineralized trend in the Radiore area of the project.
DR-82-1Aext was drilled in an area thought separate from camp stratigraphy, however new geophysics and drilling has now connected this area with the North Flank trend, host of past producing mines.
Other drilling elsewhere on the project has identified intense zones of alteration northwest of the producing Perseverance mine and new felsic-mafic volcanic stratigraphy in the central part of the Matagami Camp.
Donner Metals Ltd. is a Canadian base metals exploration and development company located in Vancouver B.C. The Company is focused on base and precious metal exploration throughout Canada. Donner's flagship project is the Matagami Project option and joint venture with Xstrata Canada Corporation - Xstrata Zinc Canada Division ("Xstrata Zinc") which was signed in 2006 and covers exploration and future development within the prolific Matagami Lake Mining Camp located in the Abitibi region of central Québec.
Last: 0.28
Range: 0.37-0.17
Market Cap: 31 Million