EastBridge Investment Group's Clients, Tsingda and Wonder, Report 2nd Quarter, 2012 Financials
August 21, 2012 08:35 ET
EastBridge Investment Group's Clients, Tsingda and Wonder, Report 2nd Quarter, 2012 Financials
PHOENIX, AZ--(Marketwire - Aug 21, 2012) - EastBridge Investment Group (
Tsingda reported Revenue for the first six months of 2012 of $26,711,428 versus $17,090,536 for the same six months in 2011. Their Net Income was $3,725,017 through June 30, 2012 versus $2,683,688 for the same period in 2011, a 39% increase.
Wonder reported Revenue of $9,265,867 for the first six months of 2012 versus $6,787,327 for the same period in 2011. Wonder reported a Net Income of $4,225,020 as of June 30, 2012 versus $2,995,884 as of June 30, 2011, a 41% increase.
Norm Klein, CFO/COO of EastBridge, commented, "We are very pleased with Wonder's and Tsingda's performances through the first six months of 2012 through June 30. We expect that both will continue their strong performance through the remainder of 2012."
EastBridge Investment Group focuses on high-growth companies in Asia, offering IPOs, Joint Ventures and Merchant Banking services. The Company targets industries in the education, internet, energy, mining and service sectors. To learn more about EastBridge Investment Group go to our web site: [ www.EbigCorp.com ]. To receive EBIG's email alert, send a blank email to [ info@EbigCorp.com ]. Join us on Facebook at the following link: [ http://www.facebook.com/ebigcorp ] .
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