Lentuo International (LAS) Numbers Out, Abraxas Petroleum (AXAS)

Lentuo International Inc. (LAS) reported its financial results before the opening bell on Monday.

For the third quarter 2013, LAS posted revenues of RMB953.1 million ($155.7 million), a 13.6% increase year over year, gross profit of RMB99.1 million ($16.2 million), a 99.2% increase compared to the same period the prior year, operating income of RMB39.2 million ($6.4 million), a 288.3% increase versus the same period a year ago and net income attributable to controlling interest of RMB17.6 million ($2.9 million), compared with a net loss of RMB6.4 million for the third quarter 2012.

LAS is a leading non-state-owned automobile retailer headquartered in Beijing. LAS operates 12 franchise dealerships, 10 automobile showrooms, one automobile repair shops and one car leasing company.

More about Lentuo International Inc. (LAS) at www.lentuo.net/theme/en

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Abraxas Petroleum Corporation (AXAS) reported the execution of a definitive agreement to sell its Eagle Ford interests at WyCross in McMullen County, Texas for $73 million .

AXAS is a crude oil and natural gas exploration and production company with operations across the Rocky Mountain, Permian Basin and onshore Gulf Coast regions of the United States and in the province of Alberta, Canada.

More about Abraxas Petroleum Corporation (AXAS) at www.abraxaspetroleum.com

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Crown Equity Holdings Inc. (CRWE) offers advertising branding and marketing services as a worldwide online multi-media publisher. The company is currently developing a social networking service and phone app, CRWE Network (CRWE-PR), that is designed to target all the communities in every state of the United States.

CRWE Network will allow users to connect with people who live in their community, and its business plan is based on selling advertising to local businesses..

CRWE Network ‘s goal is to facilitate exchanges of goods and services in a manner similar to Craigslist, a classified advertisements website with sections devoted to jobs, housing, personals, for sale, items wanted, services, community, gigs, résumés, and discussion forums.

Community of Encinitas, CA, visit CRWE Network Encinitas at http://encinitas.crwe-pr.com

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 social networking service market with its CRWE Network (CRWE-PR) project.

More about Crown Equity Holdings Inc. (CRWE) at www.crownequityholdings.com .

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