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发帖数: 4754 | 1 恭喜胖哥。
China Shen Zhou Mining & Resources, Inc. Announces Financial Results for the
Third Quarter Ended September 30, 2010
(All figures are in U.S. dollars)
BEIJING, Nov. 12, 2010 /PRNewswire via COMTEX/ -- China Shen Zhou Mining &
Resources, Inc. ("China Shen Zhou", or the "Company"), a company engaged in
the exploration, development, mining and processing of fluorite, zinc, lead,
copper, and other nonferrous metals in China, today announced the financial
results for the third quarter ended September 30, 2010.
Third Quarter 2010 Highlights:
Net revenues increased by 110% in the third quarter of 2010 as compared to
the same period in 2009 to US $3.62 million from US $1.72 million.
Gross profit increased by approximately 600% in the third quarter of 2010 as
compared to the same period in 2009 to US$1.74 million from US$0.25 million
.
Gross margin was 48% as compared to 14% in the same period of the prior
fiscal year.
Net income attributable to the Company and subsidiaries increased in the
third quarter of 2010 to US$0.52 million as compared to a net loss of US$2.
15 million in the same period in 2009.
Basic and diluted net income (loss) per share from continuing operations was
US$0.02 in the third quarter of 2010 and minus US$0.08 in the third quarter
of 2009.
"In the third quarter, we achieved a significant change in operations. Our
major processing plants have begun operating at full scale in the third
quarter of this year. We believe that this is a new beginning for our
business since September 2008 after the crisis. Along with the increase in
the price of our final products, this situation brings a positive change to
our financial results. We expect that such full-scale operations in our
plants will continue to be carried out in 2011." said Ms. Xiaojing Yu, the
Chairwoman and CEO of the Company. | b**********k
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