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Gross profit was USD 13.3 million, soaring 83.3% compared with USD 7.2 million in the year-ago period. Operating profit hit USD 6.1 million, rising 35.2% compared with USD 4.5 million in the year-ago period. Net profit reached USD 6.7 million, up 23.7% compared with USD 5.4 million in the year-ago period. Basic and diluted earnings per share were USD 0.09 and USD 0.09, compared with USD 0.08 and USD 0.08 in the year-ago period. Operating expenses amounted to USD 6.789 million.
For the second quarter, non-GAAP net profit is predicted at USD 6.5 million to USD 9 million, and total revenues USD 29.2 million to USD 32.2 million.
Source: www.shihua.com.cn (April 29, 2009)
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