China Crescent Enterprises, Inc. to Review 2nd Quarter Financial Performance and Approximate $1 Million Favorable Net
* Reuters is not responsible for the content in this press release.
DALLAS, TX, Aug 17 (MARKET WIRE) --
China Crescent Enterprises, Inc. (OTCBB: CCTR) is scheduled to review the
Company's second quarter 2009 financial performance in an on-demand
Webcast Friday, August 21. The Company plans to release its second
quarter financial report on Wednesday, August 19. Management expects the
report to include approximately $1 million in net income. China Crescent
reported approximately $500,000 in net income during the two previous
fiscal years. Accordingly, a quarterly net income of approximately $1
million would represent a substantial milestone in the Company's overall
development.
A link to the upcoming Webcast will be available Friday, August 21, 2009
on the Company's corporate website www.chinacrescent.com.
Corporate E-mail Updates
To sign up to receive company updates or to obtain more information on the
Company, please visit www.chinacrescent.com.
About China Crescent Enterprises, Inc. (http://www.chinacrescent.com/)
China Crescent Enterprises, Inc. reported over $40 million in profitable
Revenue in 2008. The Company is a technology leader in the rapidly
developing Chinese market specializing today in software engineering, high
quality software development and digital multimedia outsourcing services
delivered to customers globally. At the same time, the firm is a systems
integrator and value added reseller of major global hardware brands in the
Chinese domestic market.
Headquartered in Dallas with operations in Shanghai and Beijing, China
Crescent bridges the gap between Western and Eastern business cultures to
assist Western clients in realizing the advantages of the high quality,
low cost technology products and services available from China. China
Crescent also assists Western clients in localizing products and services
to realize the tremendous growth potential available by expanding into
the Chinese Market.
"SAFE HARBOR STATEMENT" UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT
OF 1995
This press release contains forward-looking statements that involve risks
and uncertainties. The statements in this release are forward-looking
statements that are made pursuant to safe harbor provision of the Private
Securities Litigation Reform Act of 1995. Actual results, events and
performance could vary materially from those contemplated by these
forward-looking statements. These statements involve known and unknown
risks and uncertainties, which may cause China Crescent's actual results
in future periods to differ materially from results expressed or implied
by forward-looking statements. These risks and uncertainties include,
among other things, product demand and market competition. You should
independently investigate and fully understand all risks before making
investment decisions.
Contact:
China Crescent Enterprises, Inc.
ir@chinacrescent.com
214-722-3065
Copyright 2009, Market Wire, All rights reserved.
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