Second Quarter Fiscal Year 2011 Financial Highlights: (Year-over-Year, 3-Month Results) - Revenues increased 69% to $120.2 million, compared with $71.2 million. - Operating Income increased 69% to $22.1 million, compared with $13.1 million. - GAAP Net Income Attributable to Common Shareholders increased to $14.1 million, compared to a net loss of $12.4 million. - Basic EPS increased to $0.15 per share and diluted EPS to $0.12 per share, compared to a loss of $0.15 per share (basic and diluted EPS) for the three months ended December 31, 2009. First Half Fiscal Year 2011 Financial Highlights: (Year-over-Year, 6-Month Results) -- Revenues increased 79% to $233.5 million, compared with $130.6 million. -- Operating Income increased 77% to $42.6 million, compared with $24.1 million. -- GAAP Net Income Attributable to Common shareholders increased to $18.9 million, compared to a loss of $5.2 million. -- Basic EPS increased to $0.20 per share and Diluted EPS to $0.17 per share, compared to a loss of $0.06 per share (Basic and Diluted EPS) for the three months ended December 31, 2009. "Our business has never been stronger, as demonstrated by our record revenue and earnings results," stated Mr. Cai Yongjun, Chairman and CEO of Longwei. "Revenues for the quarter were at an all-time high, and both our top and bottom lines showed very strong growth year-over-year. We recently renewed our supply contracts with fifteen major customers, and we plan to increase our storage capacity in the current calendar year to meet the constant growth in demand for fuel in China. We are very excited about the growth prospects in our regional market and fully expect to meet our previous guidance of at least $500 million in revenues and $70 million in net income (adjusted for non-cash warrant derivative liability charges) for the 2011 fiscal year." 70 Mio USD Nettoeinkommen bei 114 Mio Aktien (verdünnt) würde einem EPS von 0.61 USD entsprechen = 0.43 Euro Bei einem heutigen Kurs von 1,05 Euro entspricht das einem KGV von 2,44. |