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China Gengsheng Minerals, Inc. Message Board

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  • rybovich58 rybovich58 Dec 30, 2010 9:55 AM Flag

    OSN is a new chinese IPO rare earth involved

    OSN is profitable! Financial Highlights:

    Revenue was approximately $58.7 million during the six months ended June 30, 2010, as compared to revenues of approximately $40.4 million during the six months ended June 30, 2009...Cost of goods sold was approximately $47.1 million during the six months ended June 30, 2010, as compared to approximately $35.7 million during the six months ended June 30, 2009... General and administrative expenses totaled approximately $0.5 million for the six months ended June 30, 2010, as compared to approximately $0.6 million for the six months ended June 30, 2009...operating income for the six months ended June 30, 2010 was approximately $10.9 million, an increase of 186.7% as compared to approximately $3.8 million for the same period in 2009...Net income totaled approximately $8.5 million for the six months ended June 30, 2010, as compared to approximately $2.8 million for the six months ended June 30, 2009

 
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