Excellent Second Quarter Results For Orsus Xelent
Once again Orsus Xelent (ORS – $0.75) reported excellent results. The Chinese designer and manufacturer of mobile phones for the Asian market announced revenues in the second quarter ended June 30, 2009 of $23,332,000, compared with $28,894,000 in the second quarter of 2008, a decline of 19.25%. However, net income increased 53.19% to $2,307,000 or $0.08 per share, up from […]
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