Asia Time Corp. (AMEX:TYM) Enters Prosperity
Asia Time Corporation, a Chinese timepiece manufacturer, was featured in a trade alert issued today by Beacon Equity. The stock has traded from $4.50 to over $5.00 in just a few sessions, with indicators pointing toward a continuation of momentum. The company's first quarter financial results were impressive, showing a marked improvement across the board, as compared to those of a year ago. Revenues hit $36.8 million, with a net income of $2.4 million, greatly superseding last year's Q1 revenues of $21.1 million, and net loss of $193,000. With a market cap of a mere $126.8 million, Asia Time Corporation…