SOKO Fitness & Spa Group (SOKF.OB) Posts Solid Q3 Financial Results
SOKO Fitness & Spa Group Inc. operates fitness centers and beauty salons and spas in key cities of Northeastern China and Beijing. The company today posted its financial results for the third quarter of fiscal 2010. For the third quarter ended February 28, 2010, SOKO posted revenue at $8.1 million, an increase of 58 percent, compared with revenue of $5.1 million in the third quarter of fiscal 2009. Among the company's three business segments, spa and beauty services and products accounted for 75 percent of revenue; fitness centers accounted for 21 percent of revenue; and the beauty school accounted for…