China LianDi Clean Technology Engineering Ltd. (RMSI) Reports Profit in First Nine Months of Year
China LianDi Clean Technology Engineering Ltd. reported net income of $11.3 million for the first nine months of fiscal 2010. The company earned only $0.8 million in the same period in fiscal 2009. Revenues were also up strongly on a year over year basis, to $45.6 million, from $8.2 million in fiscal 2009. China LianDi Clean Technology Engineering Ltd. gave revenue guidance of $70.2 million and $116.7 million for fiscal year 2010 and 2011, respectively. The company also guided the street to expect net income of $15.1 million for fiscal 2010 and $25.0 million for fiscal 2011. China LianDi Clean…