SOURCE: AJ Greentech Holdings Ltd.
NEW YORK, NY and TAIPEI, TAIWAN via MacReportMedia.com, 5/13/2014 7:35:00 AM
AJ Greentech Holdings Reported Net Operating Income of Taiwan Subsidiary for 2013 and the Company Anticipates a Better Revenue and Growth of 2014
AJ Greentech Holdings, Ltd. (OTCQB: AJGH), a leading developer, manufacturer and distributor of green energy, announced today that it has reported net operating income of its Taiwan subsidiary for 2013 and a better revenue growth of 2014.
The company generated revenue of more than $2 million for 2013, compared to less than $2 million for 2012 with net operating income of Taiwan subsidiary. The company anticipates a better revenue and growth of 2014.
Ms Chu Li An, Chief Executive Officer stated, "Our business continues to grow extremely rapidly, due to the fact that demand for Greentech products far outstrips supply. Demand for these is driven by several factors including the rising cost of energy and new environmental mandates. Renewable energy cost less to manufacture, are lower cost to the consumer, and are more environmentally friendly than traditional energy. Moreover, our products have distinct advantages over other products as a result of our proprietary and patented technology. Given these factors and the strong support from the government, we believe we are extremely well positioned to rapidly gain market share."
About AJ Greentech Holdings: AJ Greentech Holdings is a full-service environmental technologies and R&D firm dedicated to providing innovative solutions to communities, industries and governments addressing the issues of green energy, environmental protection and sustainability. It offers innovative solutions for Green Transportation, Green Energy and Sustainability. AJ Greentech integrates its own native advanced technologies along with third-party technologies and systems to provide its customers with the most effective and economical solutions. Additional information about the company is available at: www.ajgreentech.com.
Forward-Looking Statements: This release contains certain "forward-looking statements" relating to the business of the Company. These forward-looking statements are often identified by the use of forward-looking terminology such as "believes," "expects" or similar expressions. Such forward-looking statements involve known and unknown risks and uncertainties that may cause actual results to be materially different from those described herein as anticipated, believed, estimated or expected. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company's actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including those discussed in the Company's periodic reports that are filed with the Securities and Exchange Commission and available on its website (www.sec.gov). All forward-looking statements attributable to the Company or to persons acting on its behalf are expressly qualified in their entirety by these factors other than as required under the securities laws. The Company does not assume a duty to update these forward-looking statements.
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SOURCE: American Jianye Greentech Holdings, Ltd.
Keywords and Content Types
'AGRICULTURE' 'CHEMICALS' 'EARNINGS' 'ENERGY' 'ENVIRONMENT' 'GOVERNMENT' 'PRODUCT'
'Company Announcement' 'Earnings Releases and Operating Results'