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Article: ACL Semiconductors Sales Up 64 Percent in 2nd Quarter to $74 Million.(Financial report)
- Article from:
- China Weekly News
- Article date:
- September 1, 2009
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ACL Semiconductors, Inc. (BULLETIN BOARD: ACLO) , one of Asia's largest distributors of memory chip products, announced that net sales for the second quarter ended June 30, 2009, increased 64 percent to $74 million and net sales for the first six months of 2009 increased to $135 million, from $98 million in the same period in 2008, because of strong demands for its products.
Gross profit increased to $2.2 million in the second quarter, up 58 percent compared to the same period in 2008, and gross profit for the first six months of the year totaled $4.9 million, up from $1.9 million last year.
Net income for the second quarter of 2009 totaled $901,325, or ...