China America Holdings, Inc. (CAAH.OB) Shows Sound Financial Report
China America Holdings, Inc., the holding company which maintains a 56% ownership of subsidiary Shanghai Aohong Chemical Co., Ltd. (SAC), reported its financial results for the recent nine-month transition period ended September 30, 2009. A manufacturer of single-use steel cylinders and a variety of liquid coolants used in multiple applications, like refrigerants used in commercial, home, and automobile air conditioning systems, CAAH’s subsidiary SAC was established in 2000 in the Huating Economic & Development Area of the Jiading District in Shanghai. China America Holdings reported: • Fiscal Year 2009 Revenue of $22.9 Million • Fiscal Year 2009 GAAP Net Loss…