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GNPG..Profit up by 1000% ..•Green Planet Group realized an increase in Q2 Gross Profit to $2,126,629.00, compared to $205,167.00 reported during the same period last year.

Highlights for the Quarter include:


•Quarterly revenues increased 3,000% to $16,406,810.00, compared to $529,650.00 in Q2 of FY2009.
•Company revenues in the first six (6) months of FY2010 jumped 1,300% to $33,104,714.00 as compared to $2,366,071.00 reported in FY2009.
•Green Planet Group realized an increase in Q2 Gross Profit to $2,126,629.00, compared to $205,167.00 reported during the same period last year.
•The Company successfully increased its cash reserves, growing cash on hand to $1,184,843.00, up from $470,288.00 reported Q1 FY2010.
•Accounts Receivable increased to $5,363,933.00, from $4,349,866.00 recorded March 31, 2009.
•The Company implemented cost controls that reduced the loss from the prior quarter from $3,683,763 to $991,612 representing a 73% improvement from quarter to quarter.