Heli Electronics (HELI.OB) Posts Q2 Financial Results with Triple-Digit Gains
Heli Electronics Corp., a marketing, distribution and after-sales service company of Audio-Visual products in China, today posted its second quarter 2010 financial results. Heli is the primary marketing and distribution agency of Haier electronics in China, which reported revenue of $24.85 million for the three months ended June 30, 2010, a 226.3-percent increase compared to its second-quarter 2009 revenue of $7.61 million. For the six months ended June 30, 2010, Heli reported revenue of $43.69 million, up 211.6 percent over the $29.67 million reported over the first six months of 2009. Heli posted net income for the second quarter at…