China Growth Stocks

[tbirdman]

LNDT - I bought a starter based on yesterday's report:

LianDi Clean Technology Inc. Reports Financial Results for Second Fiscal Quarter of 2011

-- Q2 revenue increased 100.3% to $43.3 million, led by 81.2% rise in equipment sales

-- Q2 adjusted net income increased 27.4% to $6.8 million; adjusted diluted EPS of $0.20

-- Cash and equivalents of $52.5 million on September 30 supports a strong working capital position

-- Backlog of $56 million provides visibility for future growth

-- Company reaffirms FY2011 guidance of $117 million in revenue and net income of $24.6 million