China Public Security Technology, Inc. (CPBY.OB) Announces Impressive Third Quarter
China Public Security Technology, Inc., (CPBY.OB), a leading provider of public security information technology and Geographic Information Systems software services, has announced record financial results for the third quarter ended September 30, 2007. Significant highlights include a 128% increase in revenue, a gross profit margin increase of 87%, and an operating income increase of 71% to $3.7 million. Revenues increased from the $4.4 million that was reported during the same period of 2006 million to $10.2 million now, a significant increase. This increase can primarily be attributed to the successful launch of several new product lines, expansion of markets outside…