Precicion Trim Inc. (PRTR)

[B7$4]

EESC News - Eastern Environment Announces 1071% Year-Over-Year and 230% Sequential Increase in Revenue for the Second Quarter of 2010; Achieves Record $2.4 Million of Net Income for the Second Quarter of 2010

http://www.marketwatch.com/story/eastern-environment-announces-1071-year-over-year-and-230-sequential-increase-in-revenue-for-the-second-quarter-of-2010-achieves-record-24-million-of-net-income-for-the-second-quarter-of-2010-2010-08-17?reflink=MW_news_stmp

NEW YORK and HARBIN, China, Aug 17, 2010 (GlobeNewswire via COMTEX) -- Eastern Environment Solutions Corp. /quotes/comstock/11k!eesc (EESC 2.80, 0.00, 0.00%) , a leading provider of municipal solid waste (MSW) processing and disposal services in northeast China, today announced its results of the second quarter of 2010 and provided an update on its landfill operations and newly launched plastic bottle recycling business.

Second Quarter 2010 Financial Highlights (year-over-year):

-- Revenue increased 1071% to $5.2 million
-- Gross profit increased 706% to $2.9 million
-- Income from operations increased 1173% to $2.8 million
-- Operating margin increased 385 basis points to 53.3% from 49.5%
-- Net income increased to $2.4 million from $180,511 in Q2 2009
-- $7.2 million of working capital and shareholders' equity of $16.7 million