Nortech Systems (NSYS), China Recycling Energy (CREG), Shares
Post# of 21
Nortech Systems Inc. (NSYS)
The price of NSYS stock surged after the company reported positive financial results, aided by the increased revenue in the quarter and a number of corporate initiatives focused on business development activities and lowering the overall cost of operations.
For the third quarter 2013, NSYS posted net sales of $27.4 million, a 7% increase year over year, operating income of $376,000, a 14% increase compared to the same period the prior year, and net income of $218,000, or $0.08 per diluted common share, compared to $105,000, or $0.04 per diluted common share, in the third quarter 2012.
NSYS is a full-service electronics manufacturing services (EMS) provider of wire and cable assemblies, printed circuit board assemblies and higher-level complete box build assemblies for a wide range of industries.
More about Nortech Systems Inc. (NSYS) at www.nortechsys.com
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Crown Equity Holdings Inc. (CRWE)
B2B (business to business) is the term for transactions between businesses for example a manufacturer and a wholesaler, or between a wholesaler and a retailer.
Most B2B products are purchased by companies to be used in their own manufacturing, producing goods and services to be sold on. The value added product can then be either sold to yet another company; or to the consumer.
Looking to deliver value for its stockholders in both the near and long term, and to improve the potential future growth for the company, CRWE is targeting the multi-billion dollar B2B market.
Strategic plans are being developed for CRWE ’s iB2B Global project.
As a worldwide online multi-media publisher, CRWE ‘s advertising services cover and connect a range of marketing specialties, as well as provide search engine optimization for clients interested in online media awareness. The company launches, invests and manages select businesses, projects and real estate endeavors.
More about Crown Equity Holdings Inc. (CRWE) at www.crownequityholdings.com .
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China Recycling Energy Corp. (CREG)
Shares of CREG soared on Thursday's trading session, after the leading industrial waste-to-energy solution provider in China reported a large increase in the total sales and net income on its financial results, compared with last year.
For the third quarter 2013, CREG posted total sales of $21.74 million, an increase of $21.26 million compared to $0.48 million, in the same period the prior year, and net income of $4.39 million compared to net loss of $1.41 million in the third quarter 2012.
CREG provides environmentally friendly waste-to-energy technologies to recycle industrial byproducts for steel mills, cement factories and coke plants in China.
More about China Recycling Energy Corp. (CREG) at www.creg-cn.com .
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