Home | Business News | Browse by Publication | B | Business Wire

Beijing Logistic, Inc. Announces Strong Year-End 2007 Financial Results.

Publication: Business Wire
Publication Date: 16-APR-08 		Format: Online
Delivery: Immediate Online Access

Article Excerpt
-- 2007 Revenues Increased 51.8% to $85.9 million

-- 2007 Net Income Increased 41.7% to $13.5 million

-- 2007 EPS reached $0.14 per diluted share

NEW YORK & BEIJING -- Beijing Logistic, Inc. (the "Company") (OTC Bulletin Board: BJGL), one of China's largest third-party logistics providers, specializing in books & magazines, agricultural products and Chinese traditional medicine storage and shipping, today announced operating results for year-end 2007.

2007 Full Year Highlights

Net revenues for the full year 2007 increased 51.8% to $85.9 million compared to $56.6 million for the full year 2006:

The major contribution of this growth was the expansion of our books logistics business. In 2007, revenues from books and magazines logistics management increased 66.8% from 2006, to approximately $51.9 million USD.

Ms. Zhang, Chief Executive Officer of Beijing Logistic,...

View this article FREE - Now for a Limited Time, try Goliath Business News
Free for 3 Days!



More articles from Business Wire
Mobile DTV Alliance Applauds ICO For Mobile Services Satellite Launch., April 16, 2008
American Campus Communities, Inc. Announces Launch of Offering of Comm..., April 16, 2008
Schedule Established for PNM Emergency Fuel Clause Request., April 16, 2008
Wireless Dynamics Inc. Announces Availability of the SDiD 1212 Low Fre..., April 16, 2008
KBR Announces Executive Appointment to Government and Infrastructure B..., April 16, 2008

Looking for additional articles?
Search our database of over 3 million articles.

Looking for more in-depth information on this industry?
Search our complete database of Industry & Market reports by text, subject, publication name or publication date.

About Goliath
Whether you're looking for sales prospects, competitive information, company analysis or best practices in managing your organization, Goliath can help you meet your business needs.

Our extensive business information databases empower business professionals with both the breadth and depth of credible, authoritative information they need to support their business goals. Whether it be strategic planning, sales prospecting, company research or defining management best practices - Goliath is your leading source for accurate information.