China Electronics Holdings, Inc. (CEHD.OB) Reports Excellent Financials
China Electronics, www.chinaelectronicsholdings.com – one of central China’s biggest rural retailers of consumer electronics and household appliances, today reported outstanding financial results for the first six months of 2010. Six-month (ending June 30 – comparisons based on the same interval from 2009): • Earnings up 441% to $9.35M • Revenues up 382% to $55.79M or an amazing 117% of revenues for all of 2009 • Stockholders' Equity up 472% to $28.3M ($6M in 2009) • Profits earned equal to 96% of all profits for 2009 Quarter 2 • Earnings of $5.1M or $0.34 per Share • Revenue up 566% to…