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 CWSIAdditionally 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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