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http://www.acl-semicon.com
Società di Hong Kong attiva nella distribuzione di memorie.
Flottante basso e bilancio più che in ordine.
A seguire gli ultimi due comunicati rilasciati ed il link all'ultimo quarto pubblicato.
ACL Semiconductors Chairman's Letter to Shareholders:
--Increased Communications, Increasing Revenues, Increasing Profits
HONG KONG, Sept 21, 2009 /PRNewswire-FirstCall via COMTEX/ -- ACL Semiconductors, Inc. (OTC Bulletin Board: ACLO), one of Asia's largest distributors of memory chip products, today announced that its Chairman and CEO, Alan Yang, has written a Chairman's letter to all shareholders about the Company's recent accomplishments and future objectives.
The letter has been posted on the Company's web site at www.acl-semicon.com. It is reproduced here in full:
Dear Fellow Shareholder:
I thank you for your loyalty and would like to take this opportunity to update each of you as to the progress we've made in 2009 and outline plans for the future.
This letter is in furtherance of our policy to keep our shareholders fully and timely informed as to our progress and material developments and make such information available to the investment community through our investor relations program.
To date, unlike others in our industry that have stumbled and failed, we are surviving a worldwide financial crises and emerging as a more dominant firm. In the beginning of 2009 we set goals to increase sales and margins, while reducing debt and achieving better financial results. I am pleased with our recent publicly released financial reports and want you to know that the Company is working very hard to sustain our progress. We have targeted new customers and believe we can increase market share by adding additional customers that desire a reliable, sophisticated and value-added distributor. This, we believe, will aid in our continued goal of posting higher revenue and sustaining higher margins.
For those not familiar with ACL Semiconductors, we are a principal distributor of memory chip products sold under the Samsung brand name in Hong Kong and the southern region of the People's Republic of China. Products include synchronous dynamic random access memory, graphic random access memory, and flash products. These components are used in IT products such as computer peripherals, digital cameras, Wi-Fi products, modems, DVD players, mobile phones, and digital TVs, among other products. In our industry, we are one of a few companies with more than 20 years of operating experience.
ACL Semiconductors has 28.3 million shares outstanding. The public float is 5.5 million shares. It was recently announced second quarter sales up 64 percent to $74 million because of strong demand for Samsung memory products. We believe the worldwide recession is ending in the locations of the world that we service. Net income in the second quarter topped $900,000, or $0.03 per diluted share. Going forward, we anticipate even better results for the rest of this year and into 2010.
We are pleased that our loyal shareholders have remained with us and we are working every day to reward them. And we want to attract new investors by telling our story, telling it well, and then awakening the next day to tell it again. We are very proud of our achievements.
ACL Semiconductors Sales Up 44 Percent in 3rd Quarter to $74 Million
---- Net Income Totals $2.4 Million; $0.08 Per Share for Nine Months --
KOWLOON, HONG KONG, Nov 24, 2009 /PRNewswire-FirstCall via COMTEX/ -- ACL Semiconductors, Inc. (OTC Bulletin Board: ACLO), one of Asia's largest distributors of memory chip products, today announced that net sales for the third quarter ended September 30, 2009, increased 44 percent to $74 million and net sales for the first nine months of 2009 increased 40 percent to $209 million, from $150 million in the same period in 2008.
The Company said increased sales occurred because of strong demands for memory products in the PRC market, particularly NAND FLASH products for the consumer electronics market. Also, ACL Semiconductors said there was a market shortage of DRAM and Graphic Ram products in the third quarter, allowing for an increase in unit price.
Gross profit increased 84 percent to $6.6 million for the first nine months of 2009 compared to $3.6 million in the same period in 2008. Gross profit for the third quarter increased to $1.75 million, up from $1.69 million in 2008.
Net income for the first nine months of 2009 totaled $2.4 million, or $0.08 per diluted share, compared to net income of $325,889, or $0.01 per diluted share, in the same period in 2008. The complete filing is available at www.sec.gov.
ACL Semiconductors distributes electronic components under the "Samsung" brand name to the Hong Kong and South China markets. The memory chips are used from everything from a mobile phone, digital camera and laptop computer to an MP3 player or Wi-Fi product.
3° Quarto 2009
Per ora l'ho messa in osservazione stretta.
Società di Hong Kong attiva nella distribuzione di memorie.
Flottante basso e bilancio più che in ordine.
A seguire gli ultimi due comunicati rilasciati ed il link all'ultimo quarto pubblicato.
ACL Semiconductors Chairman's Letter to Shareholders:
--Increased Communications, Increasing Revenues, Increasing Profits
HONG KONG, Sept 21, 2009 /PRNewswire-FirstCall via COMTEX/ -- ACL Semiconductors, Inc. (OTC Bulletin Board: ACLO), one of Asia's largest distributors of memory chip products, today announced that its Chairman and CEO, Alan Yang, has written a Chairman's letter to all shareholders about the Company's recent accomplishments and future objectives.
The letter has been posted on the Company's web site at www.acl-semicon.com. It is reproduced here in full:
Dear Fellow Shareholder:
I thank you for your loyalty and would like to take this opportunity to update each of you as to the progress we've made in 2009 and outline plans for the future.
This letter is in furtherance of our policy to keep our shareholders fully and timely informed as to our progress and material developments and make such information available to the investment community through our investor relations program.
To date, unlike others in our industry that have stumbled and failed, we are surviving a worldwide financial crises and emerging as a more dominant firm. In the beginning of 2009 we set goals to increase sales and margins, while reducing debt and achieving better financial results. I am pleased with our recent publicly released financial reports and want you to know that the Company is working very hard to sustain our progress. We have targeted new customers and believe we can increase market share by adding additional customers that desire a reliable, sophisticated and value-added distributor. This, we believe, will aid in our continued goal of posting higher revenue and sustaining higher margins.
For those not familiar with ACL Semiconductors, we are a principal distributor of memory chip products sold under the Samsung brand name in Hong Kong and the southern region of the People's Republic of China. Products include synchronous dynamic random access memory, graphic random access memory, and flash products. These components are used in IT products such as computer peripherals, digital cameras, Wi-Fi products, modems, DVD players, mobile phones, and digital TVs, among other products. In our industry, we are one of a few companies with more than 20 years of operating experience.
ACL Semiconductors has 28.3 million shares outstanding. The public float is 5.5 million shares. It was recently announced second quarter sales up 64 percent to $74 million because of strong demand for Samsung memory products. We believe the worldwide recession is ending in the locations of the world that we service. Net income in the second quarter topped $900,000, or $0.03 per diluted share. Going forward, we anticipate even better results for the rest of this year and into 2010.
We are pleased that our loyal shareholders have remained with us and we are working every day to reward them. And we want to attract new investors by telling our story, telling it well, and then awakening the next day to tell it again. We are very proud of our achievements.
ACL Semiconductors Sales Up 44 Percent in 3rd Quarter to $74 Million
---- Net Income Totals $2.4 Million; $0.08 Per Share for Nine Months --
KOWLOON, HONG KONG, Nov 24, 2009 /PRNewswire-FirstCall via COMTEX/ -- ACL Semiconductors, Inc. (OTC Bulletin Board: ACLO), one of Asia's largest distributors of memory chip products, today announced that net sales for the third quarter ended September 30, 2009, increased 44 percent to $74 million and net sales for the first nine months of 2009 increased 40 percent to $209 million, from $150 million in the same period in 2008.
The Company said increased sales occurred because of strong demands for memory products in the PRC market, particularly NAND FLASH products for the consumer electronics market. Also, ACL Semiconductors said there was a market shortage of DRAM and Graphic Ram products in the third quarter, allowing for an increase in unit price.
Gross profit increased 84 percent to $6.6 million for the first nine months of 2009 compared to $3.6 million in the same period in 2008. Gross profit for the third quarter increased to $1.75 million, up from $1.69 million in 2008.
Net income for the first nine months of 2009 totaled $2.4 million, or $0.08 per diluted share, compared to net income of $325,889, or $0.01 per diluted share, in the same period in 2008. The complete filing is available at www.sec.gov.
ACL Semiconductors distributes electronic components under the "Samsung" brand name to the Hong Kong and South China markets. The memory chips are used from everything from a mobile phone, digital camera and laptop computer to an MP3 player or Wi-Fi product.
3° Quarto 2009
Per ora l'ho messa in osservazione stretta.