Last $0.53 USD
Change Today -0.0199 / -3.62%
Volume 25.7K
YOSN On Other Exchanges
Symbol
Exchange
OTC US
Berlin
Stuttgart
As of 8:10 PM 09/19/14 All times are local (Market data is delayed by at least 15 minutes).

yosen group inc (YOSN) Snapshot

Open
$0.50
Previous Close
$0.55
Day High
$0.58
Day Low
$0.48
52 Week High
04/22/14 - $1.06
52 Week Low
09/23/13 - $0.05
Market Cap
13.6M
Average Volume 10 Days
6.7K
EPS TTM
$-0.14
Shares Outstanding
25.7M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for YOSEN GROUP INC (YOSN)

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yosen group inc (YOSN) Details

Yosen Group, Inc. is engaged in the retail and wholesale distribution of computers, communication products, and consumer electronics (3C) merchandise in Eastern China. It offers 3C merchandise under the Yosen and Yong Xin brand names. The company was formerly known as China 3C Group and changed its name to Yosen Group, Inc. in December 2012. Yosen Group, Inc. is based in Hangzhou, China.

122 Employees
Last Reported Date: 04/11/14

yosen group inc (YOSN) Top Compensated Officers

Chairman, Chief Executive Officer, Chairman o...
Total Annual Compensation: $30.8K
Chief Financial Officer and Principal Account...
Total Annual Compensation: $57.7K
Compensation as of Fiscal Year 2013.

yosen group inc (YOSN) Key Developments

Yosen Group, Inc. Announces Financial Results for the Second Quarter and Six Months Ended June 30, 2014

Yosen Group, Inc. announced financial results for the second quarter and six months ended June 30, 2014. For the quarter, the company reported net sales for the second quarter 2014 were reported at $3,053,135, a 7.7% year-over-year increase over $2,834,839 for the second quarter 2013. Profit margin for the three ended June 30, 2014 was 9.5% compared to 6.1% for the three months ended June 30, 2013. Net income from continuing operations was $64,826 for the three and six months ended June 30, 2014 compared to net loss of $357,219 for the three months ended June 30, 2013. Net income for the three months ended June 30, 2014 was $7,468 compared to net loss $414,219 for the three months ended June 30, 2013. For the six months, the company reported net sales were $7,316,160, a 22.0% year-over-year increase over $5,997,873 for the six months ended June 30, 2013. The increase was primarily attributable to the new revenue generated from the company international trade business in New York. Profit margin for the six months ended June 30, 2014 was 8.5% compared to 5.2% for the six months ended June 30, 2013. Net income from continuing operations was $178,601 for the six months ended June 30, 2014 compared to net loss of $885,047 for the six months ended June 30, 2013. Net income for the six months ended June 30, 2014 was $31,626 compared to net loss $1,053,696 for the six months ended June 30, 2013.

Yosen Group Signs Exclusive Cooperation Agreement with Global 3D Media for China Hotel Market

Yosen Group, Inc. announced that Yosen has signed a cooperation agreement with Global 3D Media Company Limited to provide exclusive sales channels for Global 3D Media's no-glasses 3D products entering China's hotel market. According to the Agreement, Yosen will be Global 3D Media's exclusive channel operator in China's hotel market. Global 3D Media will invest in products free trial in the lobby, elevators and guest rooms of 5-star and 4-star hotels. Yosen will be responsible for such channel development and continuing operation. For sales of any no-glasses 3D Pads demonstrated in hotel guest rooms, Yosen will enjoy a sales commission of 15% in addition to a 20% revenue sharing from all 3D advertisement sales throughout hotels. The first patch of signed hotels include well-known Shanghai Jin Jiang Hotel, Beijing People's Great Hall Hotel, Qingdao Seaview Garden Hotel, The Garden Hotel Guangzhou for a total of 2059 guest rooms. According to the Agreement, there will be a total of 80,000 guest rooms planned for 3D products trial use at Phase II.

Yosen Group, Inc. Signed Supplier Agreement with Linden Hotel Inc

Yosen Group, Inc. announced that Yosen, through its wholly owned subsidiary Yosen Trading Inc., has signed a supplier agreement with New York based Linden Hotel Inc. Pursuant to this Agreement, Yosen will provide Linden Hotel with the construction and renovation materials needed as well as the room supplies over the next 18 months.

 

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