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There is a NY Group that is discussing a share buy back for DRGV. These guys will do 50M this year.
Revenue Reaches Record $41.1 Million for First Nine Months of 2009, an Increase of 21.87% Compared to $33.7 Million for First Nine Months of 2008; Third Quarter Revenue Reaches $14.2 Million, an Increase of 24.56% Compared to $11.4 Million for Third Quarter Revenue of 2008.
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DRGV very profitable and energing corporation.
Revenue for the first nine months of 2009 reached record $41.1 million, a 20% increase from the $33.7 million recorded in the first nine months of 2008.
Mr. Lawrence Wang, CEO of Dragon Capital Group, stated, "As we are emerging away from a very challenging sales environment, Dragon has made a strong effort to increase sales volume and market share through aggressive pricing. Our dedication to this strategy has enabled Dragon to post record sales while remaining profitable for the quarter and the first nine months of the year. We are confident that these gains in market share will result in a significant expansion in our top and bottom line performance as the economy continues to improve in the coming quarters and margins return to normalized levels. We are confident that China's high-tech industry will provide a significant growth opportunity for Dragon as we continue to seek to grow internally and through opportunistic acquisition of complimentary high tech operations for the benefit of our shareholders."
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