CHINA WIND SYSTEMS, INC. (OTCBB: CWSI)), a leading supplier of forged products and industrial equipment to the wind power and other industries in China, today announced its financial results for the quarter and six months ended June 30, 2009. Second Quarter 2009 Highlights and Recent Events - Net revenues increased 21.5% to $13.6 million
- Revenue from the sale of forged products for the wind power and other industries increased 139.8 to $9.8 million, or 72% of net revenues
- Revenue from the sale of forged products exclusively to the wind industry increased 118.2% to $3.6 million, or 26.8% of net revenue
- Gross profit increased 12.3% to $3.1 million
Read More | Learn about CWSI Additionally CWSI, announced that the Company will present at the Rodman & Renshaw Annual Global Investment Conference, Friday, September 11, 2009. Read More
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