Revenue for the six months ended November 30, 2008 was $18,593,108, an increase of 104% from revenue of $9,093,027 for the comparable period in 2007. Net income for the six months ended November 30, 2008 was $4,198,762, an increase of 204% from $1,381,675 for the comparable period in 2007. For the six months ended November 30, 2008, basic and diluted earnings per share were $0.08 compared to $0.03 for the comparable period in fiscal 2008, based on total issued and outstanding 53,422,971 shares of common stock.
Bin Wang, Chief Executive Officer of China Sun Group, said, "We are pleased to report that DLX has continued on an upward growth trend in the second fiscal quarter. While other manufacturers had been scaling down production last quarter, DLX showed continued strength and was able to fill new orders from its inventories on a 'just in time' basis."
"In the first half of fiscal 2009, our net profits grew 204%. Despite the great challenges faced by companies in a depressed economy, DLX has forged ahead and proven its ability to capitalize on new growth opportunities emerging in China and other developing nations. We believe DLX will continue to outperform its competitors in fiscal 2009," concluded Wang.
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