Linkwell Corporation Announces Financial Results for the First Quarter of 2006 Wednesday May 17, 9:48 am ET
SHANGHAI, CHINA--(MARKET WIRE)--May 17, 2006 -- Linkwell Corporation (OTC BB:LWLL.OB - News), a leading developer, manufacturer and distributor of healthcare related disinfectants in China, today announced its financial results for the first quarter ended March 31, 2006. ADVERTISEMENT
The Company recorded revenues of approximately $1.868 million for the year, a 100% increase from $0.948 million recorded for the same quarter of 2005. Income from operations increased to approximately $272,903, a 1,600% increase over $15,097 in operating income reported for the first quarter of 2005. Net Income increased to $201,940, a 6,000% increase over $3,221 for the first quarter of 2005. For more details about Linkwell's financial performance, please review the 10-KSB filed with the United States Securities and Exchange Commission.
Linkwell's Chairman and CEO, Xuelian Bian, stated, "We are pleased with our operating performance in the first quarter of 2006. While we expect to maintain our recent growth in revenues and earnings in our business, we will continue to launch new products to grow our sales and improve profit margin. Management is optimistic about our prospects, as we expect to increase our sales and profits in the coming quarters."
Posted by Schwabie on :
zero volume today?
Posted by Interesting on :
This is great news on this stock and no movement!! Whats going on???
Posted by BENJAMINS on :
this one needs help
Posted by Interesting on :
One of the few greens I have today. Hopefully the volume today makes some movement.
Posted by indytrader on :
This is a bollinger band play - the chart is real pretty and show it swinging back to the upside. I'm not sure how much its going to spike up, but I would expect with a volume of over 200K would cause the momentum to get this rolling. I do not expect it to go down - this should be the bottom.
Indytrader
Posted by indytrader on :
Now .25x.275 - looks like we might have a runner on our hands...