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ThursdayNov 20, 2008 8:52 pm

Worldwide Energy and Manufacturing USA, Inc. (WEMU.OB) Announces Record Revenue and Net Income for the Third Quarter 2008

Worldwide Energy and Manufacturing USA, Inc. (WEMU.OB), a 15-year-old engineering-oriented firm specializing in PV panel, mechanical, electronics and fiber optic products manufacturing, recently announced record revenue and net income for the third quarter ended September 30, 2008. Total revenue for the third quarter climbed 546 percent to $19.1 million and quarterly net income increased 327 percent to $541,000. Net sales for the third quarter reached $19.1 million, an increase of $16.1 million or 546 percent, compared to $3.0 million for the corresponding period one-year earlier. The company attributes the sharp revenue gain to a significant increase in orders in the…

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WednesdaySep 24, 2008 5:36 am

Worldwide Energy and Manufacturing Inc. (WEMU.OB) Announces $8.1 Million in New Solar Module Contracts

Worldwide Energy and Manufacturing USA Inc. (WEMU.OB) is an engineering-oriented firm specializing in PV panel, mechanical, electronics, and fiber optic products manufacturing. The company's worldwide customer base includes the following industries: solar energy, wireless communications, aerospace, medical equipment, and automobiles. Worldwide Energy announced on September 23, 2008 that its solar division, AmeriSolar, has signed $8.1 million in two new solar module contracts. The first contract for $4 million came from a new customer and the second contract for $4.1 million came from an existing customer. To date, AmeriSolar has signed approximately $30 million in new contracts, the majority of which…

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FridaySep 05, 2008 5:36 am

RedChip Featured Company: Worldwide Energy and Manufacturing USA Inc. (WEMU.OB)

Worldwide Energy and Manufacturing USA Inc. is an engineering and quality control firm specializing in manufacturing products for customers in the solar energy, aerospace, wireless telecommunications, medical equipment, and automotive industries. Worldwide has established relationships with factories in China and arranges for the manufacture of components and goods for its customers. Worldwide primarily works with a select group of factories located around Shanghai, China. To ensure that the products meet international standards, all of the active subcontractors have earned the International Standard Organization-9000 certification. The certification is issued to a factory after its management has received the required training. Because…

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