Detail akcie Jade Art online

Business Summary: Jade Art Group Inc. is a seller and distributor of raw jade in China, ranging in uses from decorative construction material for both the commercial and residential markets to jewelry. The Company has formed a wholly owned Chinese subsidiary, JiangXi SheTai Jade Industrial Company Limited, to engage in the sale and distribution of raw jade throughout China. The Company distributes and sells raw jade sourced from the SheTai Jade Mine owned by Wulateqianqi XiKai Mining Co., Ltd. (XiKai Mining). The Company distributed about 7,400 tons of jade during the year ended December 31, 2009. Its major customers include Shenzhen Hongda Artcraft Co., Quanzhou Tianxia Huicui Jade Co., Suzhou Cuiping Jade Co., Putian Licheng Qiyushengshi Co. and Bengbu Huacui Jade Co.
Financial Summary: BRIEF: For the nine months ended 30 September 2010, Jadeart Group Inc revenues decreased 37% to $11M. Net income decreased 50% to $4.5M. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Basic Earnings per Share excluding Extraordinary Items decreased from $0.11 to $0.06.