Forecast for fiscal 2011 - ending June 31, 2011 (Projects net of costs)
Construction Projects (Revenue and Income accrued during construction)
- Tianti Housing Project (to be completed end of 2011 for $3.4M) - $1.7M Profit accrued
- Jianhe Garden residential project (completed december 2010) - $2.6M Profit accrued
Real Estate Projects (Revenue and income recognized at sale)
- Shuian Renjia (to be completed May 2011) - $11.9M Profit
Hotel Income - $1M Profit
Costs
- SG&A/Depreciation/Salaries - ($2M)
Interest Income/Expense - ($1M)
Income before taxes - $14.3M
After taxes ("The Company is subject to income tax at a rate of 25%") - $9.94M
Shares - 2M
EPS - ~$4.97
Chinese links-
Company news- http://www.114news.com/build/18/1818-type-blog.html
Company profile- http://www.6jc.cn/sheji/jz002115011500242.htm
CEO profile- http://www.lingjun.com/resume/?k=TWpNeE5URT0=
http://www.goldhorseinternational.com/images/powerpoint/GHI-PPT-07-24-2007.ppt











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Outstanding Shares
1,989,459 as of Dec 31, 2010 -
Number of Share Holders of Record
184 as of Oct 6, 2008
