China Education Resources, Inc. Reports Earnings Results for the Year Ended December 31, 2011; Provides Revenue Guidance for the Fiscal Year 2012
May 01, 2012 at 07:00 pm IST
China Education Resources, Inc. reported earnings results for the year ended December 31, 2011. For the year ended December 31, 2011, the company reported aggregate sales revenue of $6,553,140 as compared to $5,436,165 for the same period in 2010. There was an increase in sales for the current year as compared to the sales of previous year. The company recognized a net profit for the year ended December 31, 2011 of $83,481 as compared to a loss of $561,104 for the same period in 2010.
The successful financial results in 2011 are more evidence that the company's revenue will continue to grow significantly in 2012.