AJ Greentech Holdings Reported Net Operating Income of Taiwan Subsidiary for 2013 & the Company Anticipates a Better Revenue ...
May 13 2014 - 7:50AM
Marketwired
AJ Greentech Holdings Reported Net Operating Income of Taiwan
Subsidiary for 2013 and the Company Anticipates a Better Revenue
and Growth of 2014
NEW YORK, NY and TAIPEI, TAIWAN--(Marketwired - May 13, 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.
US CONTACT INFO: AJ GREENTECH HOLDINGS NEWS RELEASE DEPARTMENT
718-395-8706
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