ZongshenForum.com

General => Hang Out => Topic started by: skadamo on May 15, 2009, 08:04:35 AM

Title: Zongshen Revenues Up 19% First Quarter 2009
Post by: skadamo on May 15, 2009, 08:04:35 AM

Quote

- Revenues increase 19 percent to $7.7 million

- Net income amounts to $142,632 despite weak economy

- Balance sheet remains robust with $41.6 million in cash and no debt

http://www.americanchronicle.com/articles/yb/129893662 (http://www.americanchronicle.com/articles/yb/129893662)

Not sure how much motorcycle business contributed to the outcome.  Zongshen does a lot more than bikes...

Quote

Zongshen PEM Power Systems Inc. is a public company trading under the symbol ZPP on the Toronto Stock Exchange. The Company is engaged in the commercialization of alternative power systems including batteries, fuel cells and solar power, for a variety of consumer and industrial applications. The Company manufactures low-cost, high quality, environmentally friendly small gas motorbikes, electric motorcycles, electric bicycles and other e-vehicles in China for the Chinese domestic and international markets. Zongshen PEM Power System's largest shareholder is Zongshen Industrial Group, one of China's largest manufacturers and distributors of motorcycles, engines, and power equipment.

Title: Re: Zongshen Revenues Up 19% First Quarter 2009
Post by: Bodnarwyse on June 08, 2015, 11:50:23 PM

I have a different opinion.

Title: Re: Zongshen Revenues Up 19% First Quarter 2009
Post by: Vneitaso on December 03, 2018, 11:54:59 PM

Is it possible that I will join in what you are doing now?

Title: Re: Zongshen Revenues Up 19% First Quarter 2009
Post by: Benrezi on December 12, 2018, 09:17:13 PM

All the information I have read is considered good information for me. Thank you very much.