Green Planet Group, Inc., a company focused on environmentally safe products and services, this morning announced results for the year ending March 31, 2009. The company highlighted a 322% increase in revenues to $9.2 million, total asset growth of $4 million to $21.4 million, and a 378% increase in accounts receivables to $4.3 million.
“We enter the new fiscal year poised for prosperity,” commented Edmond L. Lonergan, CEO. “Green Planet Group has built a foundation for significant growth and now has the ability to capitalize on the many opportunities that lie before us. The acquisition of the assets of Easy Staffing Solutions has exponentially increased our asset and revenue base and should more than compensate for the temporary increases in overhead expenses over the long term.”
“The staffing acquisition also provides synergistic opportunities for Green Planet to grow market share for its products that reduce emissions and increase fuel efficiency,” he added. “In fact, as a direct result of this acquisition, we are presently selling our green fuel additives to Fortune 1000 Companies that are Lumea clients across America.”
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