CESV trying to bounce off the bottom PE of about 9 BRIEF: China Energy Savings Technology, Inc. (CESV) is a Nevada Corporation headquartered in Hong Kong, primarily into investing, manufacturing/developing & distribution of energy saving products for commercial & industrial use. For the 9 months ended 06/30/05, revenues fell 5% to $32.5M. Net income rose 55% to $12.8M. Revenues reflect a decrease in sales of energy saving products. Net income was offset by increase in interest income and the absence of tax expenses. http://www.cesv-inc.com/
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