TAM OF HENDERSON through its wholly owned subsidiary Yu Zhi Lu Aviation Service Company Ltd. (“YZL”), a company focused on domestic and international travel services to Hong Kong, Macau, and Taiwan, announced the assembly of a highly experienced management team.
Since 2001, the Company has experienced continuous revenue growth. In 2005, 460,000 air tickets were sold equating to $43 million in ticket revenues. Currently, the air ticketing service provides stable income streams.
For the second quarter ended June 30, 2006, the Company showed a marked improvement in revenues and profits year-over-year and sequentially.
Gross Revenues grew for the second quarter ended June 30, 2006. The gross revenues grew 33% to $120,186 from $90,640 in the second quarter ended June 30, 2005, and increased 26% from $95,648 reported in the first quarter of 2006 ended March 31, 2006.
Net profits for the second quarter of 2006 grew 80% to $61,345 from $34,177 in the second quarter of 2005, and increased 7% from $57,589 reported in the first quarter ended March 31, 2006.”
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Net Revenues from Ticket Sales Indicate the Following Growth:
- 2001 – $0.63
- 2002 – $1.0
- 2003 – $1.6
- 2004 – $2.3
- 2005 – $2.8
TMNH indicates that the year-over-year improvement is attributed to a stable customer base, enhancements to Tam of Henderson’s network infrastructure (on-line ticket booking and ordering systems), sales strategy, and brand recognition and promotions.
Traditionally, the second quarter is the travel industry’s off-season, and the continued growth during the quarter indicates the strength of the Company’s business model and management team.
About Tam of Henderson: Tam of Henderson through its wholly owned subsidiary Yu Zhi Lu Aviation Service Company Ltd. (“YZL”), is engaged in travel services pertaining to domestic and international lines through Hong Kong, Macau, and Taiwan. The Company’s core services include booking services for air tickets, hotels, and restaurants, as well as, tour routing for customers.
The Private Securities Litigation Reform Act of 1995 provides a “Safe Harbor” for forward-looking statements. Certain of the statements contained herein, which are not historical facts, are forward-looking statements with respect to events, the occurrence of which involved risks and uncertainties. These forward-looking statements may be impacted, either positively or negatively, by various factors. Information concerning potential factors that could affect the company is detailed from time to time in the company’s reports filed with the Securities and Exchange Commission.
Forward Looking Statement: This news release may contain forward-looking statements made pursuant to the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. While these statements are meant to convey to the public the company’s progress, business opportunities and growth prospects, readers are cautioned that such forward-looking statements represent management’s opinion. While management believes such representation to be true and accurate based on the information available to the company, actual results may differ materially from those described. The company’s operations and business prospects are always subject to risks and uncertainties. Important facts that may cause actual results to differ are set forth in TMHN’s periodic filings with the U.S. Securities and Exchange Commission.
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SOURCES: PR Newswire (U.S.)
TMHN — TAM of Henderson, Inc.
1420 Clipperton Ave.
Henderson, NV 89074
Phone: 702-373-0000
Jacalyn Guo, Investor Relations of Tam of Henderson,
+1-310-443-4151
danjie28@hotmail.com