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China Energy Recovery Reports Strong Earnings from High Product Demand, Article Posted on BeaconEquity.com

Company turns profitable in the first nine months of 2008; gross margins skyrocket to 22.0%, compared to 9.1% last year.

(EMAILWIRE.COM, November 19, 2008 ) DALLAS, Texas - BeaconEquity.com announces the publication of “China Energy Recovery Reports Strong Earnings from High Product Demand.”

Investors can view all of the investment articles for free by visiting: http://www.beaconequity.com/m - Click on News and Commentary

In the article the author writes:

"China Energy Recovery Inc. (OTCBB: CGYV), a waste-heat recovery company servicing within the alternative energy industry, today released its financial results for the nine-month period ended September 30, 2008. … Revenue reported for the nine-month period ended September 30, 2008, was $16.0 million, up from $7.5 million, or 112%, in the same period last year. Increased revenue from higher sales volume and overall market demand for the company’s associated services accounted for the rise in sales volume.”

China Energy credits its elevated profits to higher demand for its products and services:

“The company posted a net profit of $800,000 for the nine-month period ended September 2008, compared to a net loss of $200,000 for the same nine-month period of 2007. The company attributes its net income to higher demand for its products and services along with higher efficiencies gained by economies of scale.”

To read the entire article visit http://www.beaconequity.com/m – Click on News and Commentary

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Source: BeaconEquity.com

Beacon Equity Research
Jeff Bishop, (469)-252-3505
press@beaconequity.com

Contact Information:
Beacon Equity
Jeff Bishop
Tel: (469)-252-3505
Email us
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stock market, investing, investment ideas, market activity, small caps, micro caps, search engines, technology stocks, blue chips, marketing solutions, beaconequity.com, china energy recovery inc.

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