American Jianye Greentech Holdings (AJGH.OB) Announces Record Income
American Jianye Greentech Holdings, a leading producer and distributor of alcohol-based automobile and civil use fuels, located in China, today announced a 138% increase in sequential sales, along with a record net income of $2.1 million, or $0.07 per share, for the second quarter ended June 30, 2010. • Revenue - The company reported revenue of $22.9 million for the second quarter, versus $9.6 million for the first quarter 2010, and $0.0 for the second quarter of 2009. • Gross Profit – The company reported gross profit of $2.9 million for the second quarter, versus $1.5 million for the first…