StockGuru News: Dragon International Group Posts Record Revenues and Operating Income for FY 2006 – Proforma EPS of $0.02
StockGuru News: Dragon International Group Posts Record Revenues and Operating Income for FY 2006 Proforma EPS of $0.02 Dragon International Group Corporation (OTCBB: DRGG) NINGBO, CHINA–(MARKET WIRE)–Oct 16, 2006 — Dragon International Group Corp. (OTCBB: DRGG), one of China’s leading manufacturers and distributors of specialty paper products and packing materials, today announced record operating results for the fiscal year ending June 30, 2006. The Company posted $18.43 million in net revenues, a 63% increase over fiscal year 2005 net revenues of $11.28 million. Dragon generated $1.227 million in operating income, a 620% increase compared to $175,000 in fiscal 2005. Excluding…