New Dragon Asia Corporation (NWD) - 500 Beiträge pro Seite

[benefactor [KommA]]

http://www.newdragonasia.com

Headquartered in Shandong Province, P.R.C., with a corporate office in Shenzhen, New Dragon Asia Corp. is engaged in the milling, sale and distribution of flour and related products, including instant noodles, to retail and commercial customers throughout China. The Company markets its well-established product line through a network of more than 200 key distributors and 16 regional offices in 27 Chinese Provinces with an aggregate production capacity of approximately 110,000 tons of flour and more than 1.1 billion packages of instant noodles.

The Company is listed on the America Stock Exchange with a stock trading symbol of NWD.



New Dragon Asia Corp. Announces Fiscal 2004 Results
Monday March 28, 7:30 am ET
Net Income Jumps 70 Percent for The Year; Net Sales Up Over 27 Percent

SHENZHEN, China, March 28, 2005 (PRIMEZONE) -- New Dragon Asia Corp. (AMEX:NWD - News) today announced financial results for its fiscal year and fourth quarter ended December 25, 2004 -- reflecting organic growth and contributions from its new packaging and milling operations, both of which were acquired in 2004.

Net income for the fiscal fourth quarter increased 16 percent to $2.6 million, or $0.06 per diluted share, from $2.2 million, or $0.05 per diluted share, a year earlier. Net sales for the same period jumped 26.9 percent to $13.4 million from $10.6 million a year earlier. Income from operations climbed 70.2 percent to $2.4 million from $1.4 million last year, primarily as a result of a consolidation of the company`s sales offices.

Net income for the full year increased 70 percent to $4.6 million, or $0.10 per diluted share, from $2.7 million, or $0.06 per diluted share, a year ago. For the same period, net sales climbed more than 27 percent to $39.2 million from $30.8 million a year earlier. Gross profit for the full year increased to $7.3 million from $5.9 million a year ago, reflecting a stable margin of 19 percent. Income from operations more than doubled to $4.5 million from $2.2 million in fiscal 2003.

The company`s strong sales and earnings performance for 2004 reflects the success of an ongoing strategy to expand through internal growth, as well as from acquisitions. Our acquisition of a manufacturing facility in Penglai City in Shandong Province last June has greatly enhanced our growth potential, with an approximately 30 percent increase in capacity on an annualized basis. Equally important, it is indicative of other acquisition opportunities and the corresponding benefits to the company`s growth strategy moving forward,`` said Heng Jing Lu, chief executive officer.

He noted New Dragon Asia`s continued focus on leveraging its strength in production, distribution, brand name awareness and quality recognition within the retail and commercial markets, with a particular emphasis on producing more premium products. Lu highlighted the company`s receiving Grade A certification in 2004 for its flour products by the China Green Food Development Center, an organization solely authorized by the Chinese government to issue the ``green`` and organic label to food producers.

Lu said that an analysis of sales for 2004 revealed a significant expansion of its overseas sales with New Dragon now exporting to at least six countries, including: Korea, Hong Kong, Sweden, Canada, Singapore and Greece. Korea was the only export country in 2003. As previously announced, PARKnSHOP, a leading supermarket chain based in Hong Kong and a member of the A.S. Watson Group (ASW), was one of New Dragon`s leading new customers in 2004, ordering approximately 1,000 tons of flour with an aggregate sales value of approximately $500,000.
http://biz.yahoo.com/pz/050328/75144.html

[benefactor [KommA]]

Beijing Noodle Factory
Sanhe New Dragon Asia Food Co., Ltd., covers an area of 62,682 sq.m. and has 720 workers and staff. We sell “LONG FENG” brand series of instant noodles to Hebei, Tianjin, Inner Mongolia and nearby cities.


Yantai Noodle Factory
New New Dragon Asia Food (Yantai) Co., Ltd. covers an area of 20,700 sq.m. and has 540 workers and staff. Products are sold to Shandong, Anhui, Jiangsu, Shanghai, Zhejiang and other provinces.


Yantai Flour Factory
New Dragon Asia Flour (Yantai) Co., Ltd. covers an area of 23,898 sq.m. and has 340 workers and staff. We specialize in producing various kinds of flour, which are sold to Northeast and North of China.


Penglai Flour Factory
Penglai New Dragon Jin Qiao Food Company Limited is a flour mill with an annual production capacity of 32,400 tons. It covers an area of 16,715 sq.m. The products are mainly sold to Shandong, Jinlin, Liaoning and Heilongjiang provinces



Frequently Asked Questions

How big in the flour market in China? How fast is the market growing?
With a population of 1.3 billion people in China, and flour is the most important food item for Chinese, it is estimated that the flour market is approximately US$40 billion and growing at around 10% p.a.

How big is the instant noodle market in China? How fast is the market growing?
It is estimated that the instant noodle market in China is approximately US$5 billion and growing around 20% p.a.

Does the Company owns its brand name?
Yes, our “LONG FENG” brand is extremely famous in Northern China.

How many Chinese brands are there to purchase to increase your market share in China?
The industry in China is very fragmented with a large number of smaller brands and only a handful of leading national brands such as "Long Feng". We will continue to make selective acquisitions of the very best regional brands to add to our product range, whilst continuing to develop penetration of our signature brand .

What market New Dragon different from other Chinese food processors ?
Superior quality, nationwide distribution, leading position in flour milling for reliable source of raw material, nascent but rapidly growing international business .

Investors will be very interested in the multinational company that you will strike an alliance with. Any more details on this ?
We are engaged in preliminary discussions with KBF Co.Ltd ( a leading manufacturers of instant food and seasoning in Korea ) with respect to closer cooperation in China. Our goal is to bring in one or more of these parties as a shareholder in NWD to enhance investor perception and stock value .

Do you have plans to market in other countries besides China? If so, where ?
NWD is already a significant exporter to Hong Kong and South East Asia and will continue to develop these markets .

[ehrenwort]

ich denke mal, eine gute depot-beimischnung

[benefactor [KommA]]

New Dragon Asia Secures 10-Year Lease of Soy Bean Factory
Wednesday April 27, 7:30 am ET
Provides Product Line Expansion

SHENZHEN, China, April 27, 2005 (PRIMEZONE) -- New Dragon Asia Corp. (AMEX:NWD - News) today announced it has acquired a 10-year lease agreement of plant and machinery utilized for the production for soy bean-derived products from a state-owned enterprise in Shandong. Terms were not disclosed.

The facility is located in Longkou City, Shangdong Province, China, and principally engaged in the manufacturing and sale of soy bean protein powder and soy bean milk powder. It has three production lines with an aggregate annual production capacity of 3,000 tons of soy bean protein powder and 1,500 tons of soy bean milk powder.

``This transaction establishes a new line of business for New Dragon Asia. We expect the soy bean operation will contribute at least $5 million in revenues in 2005 and we look forward to the possibility of expanding the business moving forward,`` said Heng Jing Lu, chairman of New Dragon Asia.

He noted the soy bean factory sources only organic soy bean, which complements New Dragon Asia`s Grade A certification of its flour products by the China Green Food Development Center, an organization solely authorized by the Chinese government to issue the ``green`` and organic label to food producers. Lu added that current customers of the soy bean protein powder produced at the facility include baby food and cereal food manufacturers, hotels and beverage manufacturers. The facility also produces a special type of soy bean milk powder for the Chinese National Army.

[ehrenwort]

Heute wurden die 1USD-Hürde übersprungen!!! Irgendjemand noch dabei?

Ehrenwort

[benefactor [KommA]]

New Dragon Asia Corporation Receives Order for Soybean Protein Powder from Coca-Cola
Thursday July 28, 7:30 am ET
Acquires Previously Leased Soybean Production Facility

SHENZHEN, China, July 28, 2005 (PRIMEZONE) -- New Dragon Asia Corp. (AMEX:NWD - News) today announced it has received an initial order for approximately 13.2 tons of soybean protein powder from Coca-Cola (China) Beverages Ltd., based in Shanghai, China. The company`s soybean operation is expected to generate revenues of more than $5.0 million in 2005 from Coca-Cola and other existing customers, additional terms were not disclosed.

``This order follows an extensive evaluation by Coca-Cola`s quality control department, with New Dragon passing its stringent standards. It clearly demonstrates the importance of maintaining rigorous production standards and offering our customers the highest quality. We look forward to additional opportunities to leverage our relationship with one of the world`s leading brand names,`` said Li Xia Wang, chief executive officer.

New Dragon Asia also said it recently acquired the plant and machinery utilized for the production of soybean-derived products for Coca-Cola and other customers from a state-owned enterprise. The facility, located in Longkou City, Shangdong Province, China, had been operated by New Dragon Asia under a 10-year lease agreement, with three production lines and aggregate annual production capacity of 3,000 tons of soybean protein powder and 1,500 tons of soybean milk powder.

New Dragon Asia said that a portion of funds raised through a recently completed $6.0 million private placement was utilized for this acquisition and its planned purchase of a new production line that will add annual capacity of approximately 2,000 tons of soybean powder. The new production line will be primarily utilized for Coca-Cola`s soybean powder order requirements.

The facility utilizes only organic soybean sources, which complements New Dragon Asia`s Grade A certification of its flour products by the China Green Food Development Center, an organization solely authorized by the Chinese government to issue the ``green`` and organic label to food producers. In addition to Coca-Cola, customers of this facility include baby food and cereal food manufacturers, hotels and other beverage manufacturers. The facility also produces a special type of soybean milk powder for the Chinese National Army.
http://biz.yahoo.com/pz/050728/82861.html

[benefactor [KommA]]

New Dragon Asia Corp. Reports 2005 Second Fiscal Quarter Results
Thursday August 4, 7:30 am ET
Net Income Up 77.9 Percent for Six-Month Period; Sales Climb 8.3 Percent

SHENZHEN, China, Aug. 4, 2005 (PRIMEZONE) -- New Dragon Asia Corp. (AMEX:NWD - News) today reported results for its second fiscal quarter ended June 25, 2005, reflecting an increase in net sales and net income.

Net income for the second fiscal quarter increased 83.3 percent to $988,000, or $0.02 per diluted share, from $539,000, or $0.01 per diluted share, a year earlier, supported by revenue growth and the positive impact of a tax refund related to government incentives in certain regions of China in which the company has operations. Net sales for the same period increased 5.2 percent to $9.0 million from $8.5 million a year earlier, reflecting strength of the company`s flour business.

Net income for the six-month period jumped 77.9 percent to $1.6 million, or $0.03 per diluted share, from $877,000, $0.02 per diluted share, a year earlier, primarily due to increased revenue growth. Net sales for the same period increased 8.3 percent to $17.3 million from $16 million last year.

``Results of the second fiscal quarter and six-month period reflect the ongoing benefits of increased flour production capacity, as well as selling and marketing investments to further leverage the company`s brand name and distribution strength,`` said Li Xia Wang, chief executive officer.

She highlighted New Dragon Asia`s recent financing, which it completed subsequent to the end of the second quarter -- enabling the company to continue its acquisition program, support marketing efforts and focus on numerous opportunities within the food industry in China.

As previously announced, New Dragon Asia acquired the plant and machinery utilized for the production of soybean-derived products from a state-owned enterprise. The facility, located in Longkou City, Shangdong Province, China, had been operated by New Dragon Asia under a 10-year lease agreement. It has three production lines and aggregate annual production capacity of 3,000 tons of soybean protein powder and 1,500 tons of soybean milk powder. New Dragon Asia commenced its soybean business on July 1, 2005.

The company announced last week the receipt of an initial order for approximately 13.2 tons of soybean protein powder from Coca-Cola (China) Beverages Ltd., based in Shanghai, China. New Dragon Asia indicated that the soybean operation is expected to generate revenues of approximately $5.0 million from Coca-Cola and other existing customers.

An increase in selling and distribution expenses for the second quarter and six-month period primarily reflects promotional costs in several key cities in China.

General and administrative expenses decreased by 12.7 percent to $405,000 from $464,000 a year earlier, primarily as a result of ongoing cost controls.

Wang emphasized that the company`s balance sheet remains very strong. At June 25, 2005, the company had working capital of $10.4 million compared with $7.4 million at June 25, 2004.

About The Company

New Dragon Asia Corp. is engaged in the milling, sale and distribution of flour and related products, including instant noodles and soybean-derived products, to retail and commercial customers throughout China. The company markets its well-established product line through a network of more than 200 key distributors and 16 regional offices in 27 Chinese provinces with an aggregate production capacity of approximately 110,000 tons of flour and more than 1.1 billion packages of instant noodles.
http://biz.yahoo.com/pz/050804/83310.html

[ehrenwort]

+30%
Wenn sich das erst mal rumspricht...

[ehrenwort]

soderle...die 2 USD sind heute gefallen! Und das ohne dass es jemand hier sieht...nur 3 hits hat der thread heute

[Gulliver]

kompliment die herren!

cu gulliver

[benefactor [KommA]]

New Dragon Asia Corp. Reports Strong Fiscal 2005 Third Quarter Results
Wednesday November 9, 7:30 am ET
Net Income Up 36.5 Percent; Income from Operations Up 58 Percent

SHENZHEN, China, Nov. 9, 2005 (PRIMEZONE) -- New Dragon Asia Corp. (AMEX:NWD - News) today reported an increase in net income and solid sales performance for its third fiscal quarter ended September 25, 2005.

Net income for the third fiscal quarter climbed 36.5 percent to $1.6 million, or $0.03 per diluted share, from $1.2 million, or $0.03 per diluted share, a year earlier, supported by revenue growth and the positive impact of a tax refund related to government incentives in certain regions of China in which the company has operations. In addition, net income also benefited from cost-reduction initiatives implemented by the company over the past year. Net sales for the same period increased 17.8 percent to $11.6 million from $9.9 million a year earlier, reflecting continued market demand for flour and instant noodle products, as well as initial contributions from the company`s recently acquired soybean operation. Income from operations for the fiscal third quarter climbed 58 percent to $1.6 million from $1.0 million a year earlier.

Net income for the nine-month period increased 73.3 percent to $3.6 million, or $0.07 per diluted share, from $2.1 million, $0.05 per diluted share, a year earlier, supported by sales growth and a tax refund. Net sales for the nine months increased 12 percent to $28.9 million from $25.8 million last year. Income from operations for the nine-month period climbed 50 percent to $3.3 million from $2.2 million a year earlier.

``Results for the third fiscal quarter benefited from the company`s ongoing strategic focus on leveraging brand name awareness, distribution strength and increasing production capacity. In addition, the company`s ability to make synergistic acquisitions, such as the previously announced soybean facility transaction in July and the subsequent addition of capacity to meet demand for soybean-derived protein products, is indicative of the company`s continued growth potential,`` said Li Xia Wang, chief executive officer.
http://biz.yahoo.com/pz/051109/89518.html

[Mexx]

Noch jemand hier ?

Überlege einzusteigen, leider kein Umsatz

[calibra21]

Was für eine Performance !

[ehrenwort]

Also ich hatte jede Menge Spaß mit New Dragon. Ich denke die Bewertung ist noch sehr ordentlich. Wenn aber der Wachstumskurs weiter eingehalten wird und evtl. noch eine Übernahme getätigt wird, dann wird die Aktie wieder explodieren. Ich warte noch auf Kurse im Bereich von 1 USD, dann schlage ich wieder zu...
Darauf mein
Ehrenwort

[benefactor [KommA]]

@calibra21

An deiner Stelle würde mir das Lachen eigentlich vergehen. NWD ist von $0,85 auf über $3 gestiegen und steht immer noch gut über $1.

Von deinem Schrott kann man das nicht gerade sagen.
Thread: GLEICH FÄLLT DIE DOLLARMARKE ! Jetzt rein!
Und AXIG ist bei dir kein Einzelfall, deine Liste ist lang.