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For the six months ended 30 June 2011, ChinaCrescent Enterprises, Inc. revenues decreased 6% to $29.8M.Net income decreased 74% to $467K. Revenues reflect adecrease in demand for the Company's products and servicesdue to unfavorable market conditions. Net income alsoreflects Other Income/expenses decrease of 46% to $91K(income).
Period Ending: | Jun 30, 2011 | Mar 31, 2011 | Dec 31, 2010 | Sep 30, 2010 |
---|---|---|---|---|
Total Revenue | 14.94 | 14.89 | 27.27 | 19.21 |
Gross Profit | 0.77 | 0.87 | 1.75 | 1.89 |
Operating Income | 0.24 | 0.34 | 0.9 | 1.55 |
Net Income | 0.23 | 0.24 | 0.88 | 1.52 |
Period Ending: | Jun 30, 2011 | Mar 31, 2011 | Dec 31, 2010 | Sep 30, 2010 |
---|---|---|---|---|
Total Assets | 31.41 | 30.29 | 27.98 | 24.75 |
Total Liabilities | 10.73 | 9.95 | 8.87 | 7.75 |
Total Equity | 20.68 | 20.34 | 19.1 | 17 |
Period Ending: | Jun 30, 2011 | Mar 31, 2011 | Dec 31, 2010 | Sep 30, 2010 |
---|---|---|---|---|
Period Length: | 6 Months | 3 Months | 12 Months | 9 Months |
Cash From Operating Activities | 2.16 | 0.47 | -2.8 | 0.18 |
Cash From Investing Activities | -0.03 | -0 | -3.3 | 0 |
Cash From Financing Activities | -2.91 | -1.2 | 2.58 | -0.46 |
Net Change in Cash | 0.25 | -0.38 | -1.83 | 0.17 |
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