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Changfeng Delivers Strong Revenue and EBITDA Growth in Q2 2011
Aug. 29, 2011 12:26PM PST
Company NewsChangfeng Energy Inc. (CVE:CFY) announces its unaudited financial results for the second quarter and six month periods ended June 30, 2011.
Changfeng Energy Inc. (TSXV:CFY) announces its unaudited financial results for the second quarter and six month periods ended June 30, 2011.
The press release is quoted as saying:
Q2 2011 gross profit grew 6% to $2.2 million versus $2.1 million for Q2 2010 despite a strong revenue increase of $2.3 million or 51%. Gross margin percentage for Q2 2011 decreased to 33% versus 44% for Q2 2010.
Click here to access the entire press releaseÂ
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