Monday, July 09, 2012 3:34:39 PM
Trailing 12-month numbers as of 3/31/2012.....
$25M revenue
$17M net income
.03 EPS
The China RM company has a tax exemption, so it is able to drop more money down to the bottom line. The very nature of the business will probably produce "lumpy/bumpy" results over shorter periods of comparisons, but it appears that some of the China/local government greening policies that were put in place during 2011 should produce some potentially nice growth for DION in the coming years. It also looks like they may be increasing efforts at some point to produce more "value-added" types of products (for example, edible oils, herbal products, etc) using their natural resource items.
It appears that the company's licenses and access to resources has become quite valuable due to market demand and significantly increasing prices on many of the plants/products the company is involved with.
Q1 2012 revenue.....
Q1 2012 net income.....
A paragraph from the section on 2011 revenue.....
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