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Alias Born 05/24/2010

Re: None

Friday, 07/16/2010 4:14:55 AM

Friday, July 16, 2010 4:14:55 AM

Post# of 88
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2011 fully diluted (e)EPS $1.45!
2011 (e)PER 2.41!
Cash $9.5m
Net Cash $7m


PR News was out 12 minutes after close.
Press Release Source: China Redstone Group, Inc. On Thursday July 15, 2010, 4:12 pm EDT

CHONGQING, China, July 15 /PRNewswire-FirstCall/ --

* FY 2010 revenues and adjusted net income exceed guidance
* Fourth quarter FY 2010 revenues increased 40.7% to $10.0 million; adjusted net income increased 72.3% to $3.8 million with adjusted EPS of $0.42
* FY 2010 revenue increased 99.5% to $36.5 million; adjusted net income increased 159.1% to $14.2 million, with adjusted EPS of $1.53;
* FY 2010 cash flow from operations was $9.5 million; and
* FY 2011 Guidance: Revenues of $40.0 million and net income of $19.5 million with EPS of $1.45.
* Management to host earnings call July 19 at 10:30 a.m. ET


regards

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