Asia Carbon Industries Inc (CE) (ACRB) News

ACRB 0.0183

ACRB 0.012

ACRB 0.006 + 233.33%

ACRB 0.002, +53.85%

ACRB 0.0078 +457.14

ACRB 0.0012, -86.36% added more at these levels

~ACRB~ blast off time~ l2 shows .30 after .0590 :0

~Big bid action now :)

It is a promo. I bought in at 0.0300

I'd be careful here. Appears to be a promo. Possible pump...

Is this stock picking up ?

Opps its not TBX lol

thanks Paul...off watch....

Can you post a link for that?

I dont subscribe to any of the promo tracking services for exactly that reason and I have yet to see it on any of the free sites.
Thanks.

Its TBX. They are worthless now too. Promos are dead.

~ACRB~ Buying 02/03's ~ this one could run big~ I smell a promo coming

could be a great play
company reports regularly, industry is major, and if they are telling the truth about the possibilities of the conversions then the money could roll in. However, this is a Chinese stock and most are given to exaggerated commentary. At .10 the risk is minimal.

OK8

OK

lets see some volume

Still here

A/S 100m should move fast

testing 4 5 6

testing 123

A quote from Clint Eastwood " " unquote....LOL

I quess nobody is showing their hand :)

testing

hmmm

Terse

watching

Second!!!!!!!

First!!!

Asia Carbon Industries, Inc. Reports Record Third Quarter Financial Results
| 9:00 AM | By PR Newswire Association LLC. |

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=69003322

Highlights of Second Quarter 2011 Financials


Revenues for the second quarter of 2011 increased 131% to $13.5 million in 2011 from $5.86 million for the same period in 2010.
Gross profit increased 272% to $2.95 million in the second quarter of 2011 from $0.79 million for the same period in 2010.
Net income for the quarter ended June 30, 2011 increased 424% to $1.98 million in 2011 from $0.37 million for the same period in 2010.
Earnings per share were at $0.04 for the three months ended June 30, 2011, compared to $0.01 for the same period in 2010.
EPS of $0.04 for third consecutive quarter.
Weighted average basic shares outstanding for the second quarter in 2011 were 50,608,077, a 3% increase, as compared to 49,056,223 for the same period in 2010.




Sales for the three months ended June 30, 2011 totaled $13,500,872, an increase of $7,645,793 or 131%, compared to $5,855,079 for the three months ended June 30, 2010. The increase in sales was primarily attributed to sales of two products; N220-W, the Company's wet process product and naphthalene oil, a byproduct of the manufacturing process. Together, these products accounted for approximately 72% of total increase in sales in the three months ended June 30, 2011.

During the three months ended June 30, 2011, the Company sold 5,700 metric tons of N220-W, generating revenue of $6,295,254, and 510 metric tons naphthalene oil generating $459,171 in revenue for the three months ended June 30, 2011.

The remaining 28% increase in sales was attributable to the increased unit sales price for its carbon black products. The average unit sales price for Asia Carbon's carbon black products was $1,027 per metric ton during the second quarter of 2011, an increase of $204 per ton, or 25%, from $823 per ton during the second quarter of 2010.

Gross profits for the three months ended June 30, 2011 were $2,948,578, an increase of $2,155,531, or 272%, compared to $793,047 in the comparable period of 2010. The gross profit margin was 22% of revenues for the quarter, as compared to 14% for the second quarter of 2010. The increase is attributable mainly to the superior margins of the wet production line and naphthalene byproduct.

The Company's net income was $1,981,440 for the three months ended June 30, 2011, an increase of $1,603,512, or 424%, compared to $377,928 in the comparable period of 2010.

Yao Guoyun, Asia Carbon's Chairman of the Board and Chief Executive Officer, commented, "Asia Carbon sees continued growth in demand for our products, particularly N220-W, our wet-process product. We anticipate this trend will continue for the foreseeable future, and are working diligently to keep up with this demand."

ACRB Security Details
Share Structure
Market Value1 $36,437,815 a/o Sep 14, 2011
Shares Outstanding 50,608,077 a/o Mar 29, 2011
Float Not Available
Authorized Shares 100,000,000 a/o Mar 31, 2010
Par Value 0.001

ASIA CARBON INDUSTRI(OTC BB: ACRB.OB )Recent Headlines

ASIA CARBON INDUSTRIES, INC. Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and ExhibitsEDGAR Online(Wed, Sep 14)
Asia Carbon Industries, Inc. to Participate in Rodman & Renshaw Annual Global Investment ConferencePR Newswire(Wed, Sep 7)

Asia Carbon Industries, Inc. to Launch US Roadshow to Meet With InvestorsPR Newswire(Wed, Aug 31)

Asia Carbon Releases Shareholder LetterPR Newswire(Wed, Aug 24)

ASIA CARBON INDUSTRIES, INC. FinancialsEDGAR Online Financials(Thu, Aug 18)

Asia Carbon Industries, Inc. Reports Second Quarter Financial ResultsPR Newswire(Tue, Aug 16)

ASIA CARBON INDUSTRIES, INC. Files SEC form 10-Q, Quarterly ReportEDGAR Online(Fri, Aug 12)

Corporate Profile Asia Carbon IndustriesWILink(Mon, Jun 20)

ASIA CARBON INDUSTRIES, INC. Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and ExhibitsEDGAR Online(Thu, May 26)

ASIA CARBON INDUSTRIES, INC. Files SEC form 8-K, Other Events, Financial Statements and ExhibitsEDGAR Online(Thu, May 19)

http://finance.yahoo.com/q?s=ACRB&ql=1

Asia Carbon Industries INC. (ACRB)

0.7300 +0.0100 (+1.39%)
Stock Price Quote as of Thursday, Sep 15th, 2011 11:38A EST (OTC-BB)
High 0.7300 Low 0.7300
52Wk High 1.2000 52Wk Low 0.5100
Open 0.7300 Prev Close 0.7200

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ACRB first one in the door here, turning on the lights, laying out the plates and cups> More to come as I smell it out...