 Wysłany: Sob 3:32, 26 Mar 2011 Temat postu: China Crescent Enterprises, Inc. (CCTR.OB) Reports |
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| China Crescent Enterprises,Offshore outsourcing, Inc., a technology leader in the rapidly developing Chinese market, recently announced that the company generated $17 million in revenue and a record net income of $1.1 million for the first six months of 2009. The company is on track to reach its forecasted $50 million in profitable revenue for 2009 due to the $45 million in recently announced outsourcing or pending contracts.
China Crescent Enterprises focuses on serving second-tier cities,Localization Software, small-to-medium enterprises and rural markets in China. In February 2009, the Chinese government launched a subsidy program to fuel PC sales in rural China and selected 14 vendors as dedicated suppliers for its subsidy program,Outsourcing Solution For Retail Goods, including Lenovo and Dell, both of which are value-added resellers for China Crescent Enterprises. Despite the current slowdown in PC sales worldwide,custom software development, a recovery is expected in 2010 fueled by virtually untapped markets, such as rural China. China Crescent’s sales have been historically hardware heavy; however, in an effort to diversify operations, the company recently launched a campaign focusing on higher-margin, longer-term services such as outsourcing and software sales. China Crescent currently serves major high-tech companies, including Hewlett-Packard, IBM, Cisco, Sony,outsourcing and globalization, Epson, Canon and Sanyo. |
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