KDnuggets : News : 2008 : n16 : item31 < PREVIOUS | NEXT >

Briefs

Jingwei International Second Quarter 2008 Financial Results

SHENZHEN, China, Aug. 13 /Xinhua-PRNewswire-FirstCall/ -- Jingwei International Limited (OTC Bulletin Board: JNGW; "Jingwei"), one of the leading providers of data mining and customer relationship marketing services in China, today announced financial results for the three month and six month period ended June 30, 2008. The Company plans to file its 10QSB on Thursday August 14, 2008.

Recent Financial Highlights Include:

  • Net income increased 86% to $5.8 million in the first six months of 2008 compared to the same period last year
  • Revenue in the first six months of 2008 increased 47% to $14.5 million compared to the same period last year
  • Gross margin in the first half of 2008 was 59% compared to 41 % in the same period last year
  • Second quarter 2008 net income increased 82% to $3.0 million compared to the second quarter last year
  • Second quarter 2008 gross margin was 56% compared to 30% in the second quarter last year
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KDnuggets : News : 2008 : n16 : item31 < PREVIOUS | NEXT >

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