According to this report they have close to $29 million in assets and over $11 million in shareholder equity. The company had over $12 million in revenue and over $1 million in income from operations. Revenue is growing at a 50% clip from 2009 and the growth should conitinue in the years ahead as the company adds new vessels to its shipping fleet.
The Company has committed and contracted for the construction of six vessels in Vietnam with a combined carrying capacity of 45,600 deadweight tons in the aggregate value of approximately $60 million (equivalent to VND1,170 billion), which are expected to be delivered between 2011 and 2012.
http://www.traithienusa.com/
The annual report can be found here: http://www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=53685
This stock has been flying under the radar for quite some time and deserves a look going forward.
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