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Article: Puda Announces Fourth Quarter and 2006 Year End Results.
- Article from:
- PR Newswire
- Article date:
- April 17, 2007
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Record Full Year Revenue Increases 166
Full Year Adjusted Net Income Climbs 123 to $12.5 Million
TAIYUAN, China, April 17 /Xinhua-PRNewswire-FirstCall/ -- Puda Coal, Inc. (BULLETIN BOARD: PUDC) ("Puda" or "the Company"), a leading supplier of China's high grade metallurgical coking coal used to make coke for the purposes of steel manufacturing, today announced its financial results for the fourth quarter and year ended December 31, 2006.
Fourth Quarter 2006 Highlights
-- Fourth quarter revenue reached a record $ 43.4 million, up 110 from
the fourth quarter of 2005
-- Operating income totaled $7.1 million, up ...