Changfeng Delivers Strong Revenue and EBITDA Growth in Q2 2011

- August 29th, 2011

Changfeng 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 release

Tags

Leave a Reply