Ziyang Ceramics Corporation (fka ZYCI)

[Hooka]

ZYCI - For the second quarter of 2012, management sees total revenue ranging between $13.5 million and $15.0 million and net income exceeding $3.5 million with approximately 10 million shares of common stock issued and outstanding. This represents a substantial improvement in overall financial performance, both sequentially as well as to the comparable quarter in 2011. Additionally, based on our strong performance thus far in 2012 and the outlook for the remainder of the year, management sees revenue for the full year of 2012 exceeding $55 million with net income exceeding $14 million, or EPS of $1.40 based on the current 10 million shares outstanding. For the full year of 2011, Ziyang recorded revenue of $43.1 million with net income of $10.8 million..


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