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Re: Drexion2004 post# 74576

Monday, 03/14/2011 8:51:40 AM

Monday, March 14, 2011 8:51:40 AM

Post# of 94785
CCCL - I liked that too, plus these other two points of interest weren't too bad either:

'Cash and bank balances were RMB 263.5 million (US$ 39.9 million) as of December 31, 2010'

'The Company's backlog of orders for delivery in the first quarter of 2011 is approximately RMB 323.2 million (US$ 49.0 million) representing a year-over-year growth rate of 33.4% compared to the first quarter of 2010. The expected sales volume in the first quarter of 2011 is approximately 11.5 million square meters, representing a 30.7% increase from 8.8 million square meters sold in the first quarter of 2010.'


All in all the company is executing very well on their predetermined plan.

-Adam

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