EastBridge Investment Group's Clients, Tsingda and Wonder, Report 2nd Quarter, 2012 Financials
(firmenpresse) - PHOENIX, AZ -- (Marketwire) -- 08/21/12 -- EastBridge Investment Group (OTCQB: EBIG) announced today its clients, Tsingda Education and Wonder International (OTCBB: WIEI) (OTCQB: WIEI), have reported their June 30, 2012 financial results via their 2nd quarter SEC report.
Tsingda reported Revenue for the first six months of 2012 of $26,711,428 versus $17,090,536 for the same six months in 2011. Their Net Income was $3,725,017 through June 30, 2012 versus $2,683,688 for the same period in 2011, a 39% increase.
Wonder reported Revenue of $9,265,867 for the first six months of 2012 versus $6,787,327 for the same period in 2011. Wonder reported a Net Income of $4,225,020 as of June 30, 2012 versus $2,995,884 as of June 30, 2011, a 41% increase.
Norm Klein, CFO/COO of EastBridge, commented, "We are very pleased with Wonder's and Tsingda's performances through the first six months of 2012 through June 30. We expect that both will continue their strong performance through the remainder of 2012."
EastBridge Investment Group focuses on high-growth companies in Asia, offering IPOs, Joint Ventures and Merchant Banking services. The Company targets industries in the education, internet, energy, mining and service sectors. To learn more about EastBridge Investment Group go to our web site: . To receive EBIG's email alert, send a blank email to . Join us on Facebook at the following link: .
Forward-Looking Statements: Statements in this press release relating to plans, strategies, economic performance and trends, projections of results of specific activities or investments, and other statements that are not descriptions of historical facts may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking information is inherently subject to risks and uncertainties, and actual results could differ materially from those currently anticipated due to a number of factors, which include, but are not limited to, risk factors inherent in doing business. Forward-looking statements may be identified by terms such as "may," "will," "should," "could," "expects," "plans," "intends," "anticipates," "believes," "estimates," "predicts," "forecasts," "potential," or "continue," or similar terms or the negative of these terms. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. The company has no obligation to update these forward-looking statements.
Contact:
Norm Klein
EastBridge Investment Group Corp.
480-966-2020
480-966-0808 (fax)
Investor Relations:
Jack Eversull
The Eversull Group, Inc.
972-571-1624
214-469-2361 (fax)
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Datum: 21.08.2012 - 12:35 Uhr
Sprache: Deutsch
News-ID 176258
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PHOENIX, AZ
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Electronics & Communications
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