China Education Alliance sees 2010 revenue growth
China Education Alliance Inc. anticipates that its fiscal 2010 revenue will rise approximately 30 percent on increased demand for its programs and services, the educational resources company said Friday.
The Chinese company predicts revenue will climb to $48 million for the period ending Dec. 31.
“We remain confident about the health of our business model because the demand for our high-quality educational services and our vocational training programs in China continues to see very strong growth,” Chairman and CEO Xiqun Yu said in a statement.
China Education will announce first-quarter results on May 19, according to Thomson Reuters. A date has not yet been set for its full-year results.
Company shares rose 13 cents, or 2.3 percent, to $5.77 in morning trading.
2009 Los Angeles Auto Show
If the North American auto show season has an official kickoff party, the Los Angeles Auto Show is it. In addition to world debuts of the 2011 Cadillac CTS Coupe, 2011 Toyota Sienna and VW Up! Lite Concept, the 2009 LA Auto Show again played host to the Green Car of the Year announcement, which went to a diesel car for the second year in a row. The LA Auto Show is also a first chance to see and touch the cars unveiled around the world in the eight months since the New York Auto Show, which this year included jaw-droppers like the 2011 Lexus LFA and 2011 Mercedes-Benz SLS AMG.
