KDnuggets : News : 2008 : n21 : item40 < PREVIOUS | NEXT >

Briefs

Jingwei International Financial Results for Q3 2008

SHENZHEN, China, Nov. 10 /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 nine month periods ended September 30, 2008. The Company plans to file its Quarterly Report on Form 10-Q with the US Securities and Exchange Commission on Friday November 14, 2008.

Recent Financial Highlights

  • Net income increased 75% to $7.7 million in the first nine months of 2008 compared to the same period last year
  • Revenue in the first nine months of 2008 increased 53% to $23.1 million compared to the same period last year
  • Gross margin in the first nine months of 2008 was 52% compared to 42% in the same period last year
  • Third quarter 2008 net income increased 46% to $1.9 million compared to the third quarter last year
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KDnuggets : News : 2008 : n21 : item40 < PREVIOUS | NEXT >

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