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Qian Yuan Baixing Inc (PK:QYBX)

Business Focus: Internet Services

Sector:  Technology Industry:  Internet Services
 
Company Contact
Address: 50 W Liberty St Ste 880
RENO NV 89501-1977
Tel: N/A
Website: N/A
IR: N/A
Key People
Daniel Valladao
Chairman of the Board, President, Chief Executive Officer
Shawn Powell Joseph
Chief Financial Officer
Tim Alford
Chief Operating Officer, Director
Business Overview
Qian Yuan Baixing, Inc., through Panjin Chunqiu Century Industrial Co., Ltd. (Chunqiu), is focused on selling goods and services on the Internet. The Company also, through Hangzhou Mai Jin Li Biotechnology Co., Ltd (Mai Jin Li), is an enterprise specializing in the production, processing, distribution and professional technical consulting services of soft capsules for supplements.
Financial Overview
For the nine months ended 30 September 2011, Qian Yuan Baixing Inc revenues increased 3% to $8.9M. Net loss decreased 23% to $393K. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Basic Earnings per Share excluding Extraordinary Items remained flat at -$0.02.