TEC Technology Announces Second-Quarter 2010 Results

JINGDE, Anhui, China, Aug. 17 /PRNewswire-Asia-FirstCall/ -- TEC Technology, Inc. (OTC Bulletin Board: HGHN) ("TEC" or the "Company"), a leading supplier of power and communications infrastructure, today announced its unaudited financial results for the second quarter ended June 30, 2010.

http://www.majorspoilers.com/smf/index.php?action=profile;u=17182
http://www.junketstudies.com/rulesofwforum/index.php?action=profile;u=14084
http://www.oregonask.org/ydnforum/index.php?action=profile;u=46207
http://www.brain-surgery.com/forum/index.php?action=profile;u=575
http://www.expatsingapore.com/forum/index.php?action=profile;u=32502

Second-Quarter 2010 Highlights
    -- Revenue increased 99.5% to $9.4 million in the second quarter of 2010
       as compared to $4.7 million in the second quarter of 2009
    -- Gross profit increased 72.0% to $3.0 million in the second quarter of
       2010 from $1.7 million in the second quarter of 2009
    -- Operating income increased 37.3% to $2.1 million in the second quarter
       of 2010 from $1.6 million in the second quarter of 2009
    -- Net income was $1.8 million, or $0.08 per basic and diluted share, in
       the second quarter of 2010, a 64.5% increase from $1.1 million, or
       $0.06 per basic and diluted share, in the second quarter of 2009

http://www.prnewswire.com/news-releases/tec-technology-announces-second-quarter-2010-results-100872954.html