Stock Guru Profile DRGG Equity Stock Analysis Report on Dragon International
Equity Stock Analysis Report on DRGG
DRGG on November 14, 2006, filed its 10K. This provides a glimpse into the astounding Operating Income Increase of 620%. Stock Guru is digging deeper here and finds a sustainable method to DRGG’s on fire approach to sales.
During the three months ended September 30, 2006, DRGG generated revenues of $4,832,984, as compared to revenues of $4,622,110 for the three months ended September 30, 2005, an increase of $210,874 or 4.6%. For the three months ended September 30, 2006, DRGG recorded revenues of approximately $125,469 from our JinKui subsidiary acquired effective June 30, 2006. The remaining increases during the three months ended September 30, 2006 of $85,405 were attributable to sales to new customers and improved sales efforts over the three months ended September 30, 2006.
Dragon International Group Corp (OTCBB: DRGG) is one of leading China’s manufacturers and distributors of specialty paper products and packaging materials. DRGG is operating as a manufacturer and distributor of paper and integrated packaging paper products. DRGG has a distribution network covering east and central China. Dragon and its subsidiaries have cultivated strategic relationships with several of the world’s largest and well-known manufacturers of paper and specialty packaging products. For more information, please visit http://www.drgg.net.
Contact:
DRGG – Dragon International Group Corp.
Bldg 14, Suite A09
29 Dongdu Road
International Trading Center
Ningbo, 315000 China
Website: http://www.drgg.net
Phone: 86-574-56169308
Fax: 86-0574-56169378
SOURCE: Dragon International Group Corp.
About Dragon International Group Corp. Dragon International Group Corp. (OTCBB: DRGG) is one of China’s leading manufacturers and distributors of specialty paper products and packaging materials. DRGG is operating as a manufacturer and distributor of paper and integrated packaging paper products. DRGG has a distribution network covering east and central China. Dragon and its subsidiaries have cultivated strategic relationships with several of the world’s largest and well-known manufacturers of paper and specialty packaging products. For more information, please visit http://www.drgg.net.
SafeHarborand Forward Looking Statement: Certain statements set forth in this article constitute “forward-looking statements.” Forward-looking statements include, without limitation, any statement that may predict, forecast, indicate, or imply future results, performance or achievements. Such statements are not guarantees of future performance and are subject to risks and uncertainties that could cause the company’s actual results and financial position to differ materially from those included within the forward-looking statements, including the Company’s ability to obtain sufficient financing to fund both its internal growth opportunities and acquisition strategy. More information about the potential risks and factors that could affect the Company’s business and financial results is included in the Company’s filings, available via the United States Securities and Exchange Commission at http://www.sec.gov/.
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