Navigation Links
SOKO Fitness & Spa Group Announces Record Financial Results for Fiscal Year; Sets Conference Call to Discuss Results
Date:9/1/2009

ovement, increased rental expenses for new and existing facilities and other expenses relating to our growth in sales.

Net income for the year ended May 31, 2009 increased by approximately $1.8 million to $7.0 million as compared to $5.2 million for the previous year. The 36% net income increase year over year was mainly attributable to an increase in revenues and the Company's ongoing efforts to cut costs.

Basic earnings per share were $0.41 for 2009 as compared to $0.45 in the previous year. Fully diluted earnings per share were $0.41 for 2009 as compared to $0.43 in the pervious year. The decline in earnings per share was attributable to the dilution from the public offering in fiscal 2008.

During fiscal 2009, SOKO generated cash flow from operations of $9.39 million, an increase of 93.5% from fiscal 2008. The Company used its cash flow from operations for capital expenditures to renovate existing facilities and open/acquire new ones.

"I'm very proud that we achieved another record year despite the downturn of macro economy," said Mr. Liu Tong, Chairman, President & CEO of SOKO. "In 2009, we continued to strengthen our leading position in fitness center and beauty salon and spa operations in Northeast China. Our rapid growth resulted from the expansion of our branches and increased consumption per client due to innovative programs we developed. We will keep working on new branch expansion and new value-added programs next year."

Earnings Call

SOKO's Chief Executive Officer Liu Tong, Chief Financial Officer Yu Xia, and Corporate Secretary Jiang Judy will host a conference call for shareholders to discuss FY2009 annual earnings results at 9 am EDT on September 2, 2009.

    Dial-In Number(s):
    * US/Canada Toll Free Dial-in #: (866)811-8933
    * Int'l/Local Dial-In #:         (706)645-9773
    Conference ID #:                  281566
'/>"/>
SOURCE SOKO Fitness & Spa Group, Inc.
Copyright©2009 PR Newswire.
All rights reserved

Page: 1 2 3 4 5 6 7 8 9

Related medicine news :

1. Help Your Favorite Senior Fight Alzheimers in Thanksgiving Contest: Win $2,500 Brain Fitness System
2. Heartline(R) Fitness Systems Named to Inc. 5000 list for Third Consecutive Year
3. Expresso Fitness(R) Announces $6M Series D Funding
4. HealthFitness Named Lead Integrator for MillerCoors Health Improvement Program
5. Planet Fitness Soars to Inc. 500
6. Perfect Fitness Ranks No. 1 of Consumer Product Companies on 2009 Inc. 500 List, Ranks No. 4 Overall
7. New Survey Reveals Health-Related Fitness as Primary Focus of Middle and High School Physical Education Programs
8. Frank Sepes New Fitness as a Lifestyle Collection Sells Out Within 3 Hours of Airtime During First-Ever HSN Debut
9. Brain Fitness Reduces Risk of Onset of Depressive Symptoms
10. Bally Total Fitness Flexes Fundraising Muscle to Fight ALS
11. Health Fitness to Report Second Quarter 2009 Financial Results
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:12/22/2014)... and state health officials are investigating a listeria outbreak ... four people and sickened 28 others in 10 states. ... caramel apples until more information becomes available, the U.S. ... news release. As of Dec. 18, a total ... strains of the bacteria Listeria monocytogenes . Of ...
(Date:12/22/2014)... 2014 Super Saturday, the last Saturday ... as the busiest day in the 2014 holiday shopping ... Station had a steady pre-Christmas stream of customers, ready ... Saturday. , “I definitely intend to take advantage…of the ... resident who was enjoying The Grass Station’s holiday sale ...
(Date:12/22/2014)... 22, 2014 In recognition of Veteran’s ... to Hero Reward, a local organization that provides services ... , Located on a couple hundred acres in ... offers lodging, world class fishing, hunting, hiking, horseback riding, ... founded several years ago to support U.S. Service men ...
(Date:12/22/2014)... December 22, 2014 7,178 small business ... of Black Friday shopping and opted instead to join ... education company, for their 5th annual “Black Friday Boot ... just $7 to attend the 5 hour online training ... promptly donated to support two Central Texas based charities ...
(Date:12/22/2014)... 2014 NAPW honors ... of the Year. Ms. Foley is recognized with this ... most-recognized networking organization of professional women in the country, ... of Professional Women is a powerfully vibrant networking community ... , “As a nurse, I felt like I made ...
Breaking Medicine News(10 mins):Health News:CDC Warns of Listeria Danger From Caramel Apples 2Health News:Customers at Colorado’s Grass Station Say They’re Enjoying the Experience of Legally Purchasing Marijuana this Year to Give as Christmas Presents to Friends and Family 2Health News:Discount Labels Donates Portion of November Sales to Hero Reward Program 2Health News:Austin Company Digital Marketer Raises 100K to Fight Childhood Cancer 2Health News:Austin Company Digital Marketer Raises 100K to Fight Childhood Cancer 3Health News:National Association of Professional Women Announces Michelle M. Foley, Vice President of Operations of OTTR Chronic Care Solutions, a 2014 Professional Woman of the Year 2
... ... Best in Class Alzheimer,s Care , ... Neenah, Wisc. (Vocus) October 14, 2009 -- Tracy Hoffman, M.D., one of the ... an industry innovator with 16 facilities in Wisconsin and Illinois. , , , , ,As ...
... In a ... supplement that targets many common chronic viruses. , ... Rochester, NY (PRWEB) October 14, 2009 -- Recently, polyDNA conducted a series ... the users of the supplement experience less sleeping problems, that is, better sleep relative to ...
... ... at Sheraton, Wakefield, MA, , ... Boston, MA (PRWEB) October 14, 2009 -- A.E. Schwartz & Associates ... Advanced Time Management, to be held Wednesday, November 18th at the Sheraton Wakefield, MA ...
... Director Dr. Merrill Matthews released the following statement: , ... (AHIP) daring to speak the truth about the Senate health ... anything AHIP,s analysis of health premium increases is too low. ... states, evidence of many of these proposed Senate and House ...
... 13 D. Porpoise Evans, a litigation associate in the ... has been named among the "40 Under 40" outstanding lawyers ... 40 lawyers will be honored at the CFF benefit dinner ... , "Porpoise,s recognition as one of Miami-Dade County,s top up-and-coming ...
... ... twice named one of America,s Top 100 heart hospitals, has been ranked No. 1 ... ... named one of America,s Top 100 heart hospitals, has been ranked No. 1 in ...
Cached Medicine News:Health News:Renowned Geriatrician Tracy Hoffman Tapped as Corporate Director of Memory Care Excellence By Fast-Growing CRL 2Health News:Renowned Geriatrician Tracy Hoffman Tapped as Corporate Director of Memory Care Excellence By Fast-Growing CRL 3Health News:Users of Gene-Eden, a Natural Antiviral, Report less Sleeping Problems in a Recent Study 2Health News:Users of Gene-Eden, a Natural Antiviral, Report less Sleeping Problems in a Recent Study 3Health News:One Day Management Training Program to be Offered November 18 in Boston Area 2Health News:One Day Management Training Program to be Offered November 18 in Boston Area 3Health News:One Day Management Training Program to be Offered November 18 in Boston Area 4Health News:One Day Management Training Program to be Offered November 18 in Boston Area 5Health News:AHIP Is Right, and May Be Low 2Health News:AHIP Is Right, and May Be Low 3Health News:Cystic Fibrosis Foundation Names Greenberg Traurig Attorney D. Porpoise Evans Among the '40 Under 40' Outstanding Lawyers of Miami-Dade County 2Health News:Holston Valley Ranks No. 1 in Tennessee for Cardiology 2
(Date:12/22/2014)... , Dec. 22, 2014   TRU-D SmartUVC ... UV disinfection robot, announced today that the General Services ... through November 2019.   This newly formed ... all levels of government purchasers, including Department of Veteran ... as Homeland Security contacts purchasing solutions for the Ebola ...
(Date:12/22/2014)... Inc. (NASDAQ: CYBX ), a global leader in ... announced it will participate in the 33 rd  Annual ... San Francisco . Dan ... at 11:00 AM Pacific Time.  A live audio webcast of ... Relations link on the Cyberonics home page at www.cyberonics.com ...
(Date:12/22/2014)... Maine , Dec. 22, 2014  Mark ... analysis brief providing a summary of the 2015 ... plan enrollment trends.  According to ... for Planning and Evaluation, Department of Health and ... were enrolled in individual medical plans through the ...
Breaking Medicine Technology:TRU-D SmartUVC LLC Awarded General Services Administration Contract to Expand Government Customer Base 2Insights into the Marketplace and Individual Market Growth 2
... Inc. (NYSE: SMA ), a leading global ... surgical instruments, and sterilization cases and trays, announced today ... Olsen Medical. Olsen Medical is a privately-held, ... electrosurgical instruments and accessories. It manufactures a full line ...
... LOVELAND, Colo., Aug. 18, 2011 ... the "Company"), a provider of advanced veterinary diagnostic and ... retained Hayden IR, a national, New York-based investor relations ... raise its visibility and strengthen its relationships with the ...
Cached Medicine Technology:Symmetry Medical Closes Olsen Medical Acquisition 2Heska Retains Hayden IR to Develop Comprehensive Investor Relations Program 2Heska Retains Hayden IR to Develop Comprehensive Investor Relations Program 3
... RELISA ENA Multiparameter Kit is ... for six of the most ... a unique quality control system. ... Check) well in each strip ...
... RELISA ENA assays were designed with the ... clinician in the diagnosis of autoimmune disease. ... disease and 1,000 normal individuals were tested ... Test System. Immuno Concepts compared the results ...
... functional human C1q coated in the solid phase ... stage, CIC in the diluted patient samples and ... into the C1q coated assay wells. After incubation, ... and a ready to use conjugate (goat anti-human ...
... CIC are formed as a host ... cleared by phagocytosis. If not cleared, CIC ... inflammatory response. CIC are increased in Systemic ... may be involved in other autoimmune disorders ...
Medicine Products: