Rochester,NY 8/18/2009 1:36:41 AM
China Education Alliance, Inc.,CEU-Profit Up 95% in second quarter
China Education Alliance, Inc
Educational resources and services provider China Education Alliance booked net income of $3.24 million in the second quarter of 2009, up 95.4% year-on-year, and diluted earnings per share of $0.13, compared with $0.07 in the year-ago period.
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Company revenue increased 82.1% year-on-year to $8.12 million in the second quarter, with online education contributing $5.47 million, training centers bringing in $2.01 million, and advertising revenue adding $0.64 million to total revenue.
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