Deli Solar up on 2Q Results
Solar water heater specialists Deli Solar Inc. (OTCBB: DLSL) crept up 10.8 percent today, riding on the company's latest second quarter 2007 financial results and boosting share prices to $2.30 a share. According to the company's latest statement, second-quarter sales figures for Deli Solar rose from $7.06 million in 2006 to $9.41 million in 2007, an increase of 33 percent - an increase the company attributed to the sale of more than 63,000 water heaters and 37,000 boilers during the second quarter of 2007. Gross profit for the company also increased, jumping 30 percent to $1.9 million, while gross margins…