Q3 2009 Duoyuan Global Water Inc. Earnings Release - Time Not Supplied

Earnings Announcements for Monday, November 9CompanySymbolTimeConferenceCall4Kids EntertainmentKDEBefore Market OpenAbatixABIX.PKAfter Market CloseAbraxas PetroleumAXASAfter Market CloseListenACADIA PHARMACEUTICALS INCACADAfter Market CloseADVANCED BATTERY TECHNOLOG INCABATAfter Market CloseAdvanced PhotonixAPIAfter Market CloseListenAdvanta CorporationADVNATime Not SuppliedAdvocatAVCAAfter Market CloseListenAlbany Molecular ResearchAMRIBefore Market OpenAlesco Financial Inc.AFNAfter Market CloseAlexza Pharmaceuticals Inc.ALXAAfter Market CloseListenAlliance One International, Inc.AOIAfter Market CloseAllianz SEAZSEY.PK01:30 am ETListenALLION HEALTHCARE INCALLITime Not SuppliedALPHATEC HOLDINGS INCATECTime Not SuppliedAmerican CareSource Holdings, Inc.ANCIAfter Market CloseA...
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Chinese Demand Drives Growth For Water Equipment Makers

"Water, water everywhere/Nor any drop to drink," lamented Coleridge's Ancient Mariner. More and more, the Chinese know what that feels like. China is a land of rivers and lakes, making it the world's fourth largest fresh water source. But over 70% of those lakes and rivers are polluted, according to government research. Thirty of the 32 largest cities have water shortages. That's led to increased spending on water infrastructure and a booming business for makers of water-treatment supplies.Duoyuan Global Water (NYSE:DGW - News) is one beneficiary. The firm, founded in 1992 by physicist Wenhua Guo, has made money every year. In June, it came out on the Nasdaq, and the share price has more than doubled.Duoyuan's first product line treated circulating water in heating and cooling systems as well as some types of industrial equipment. In 1998, it started selling water purification gear and in 2001 branched out into wastewater treatment. This breadth of offerings distinguishes Duoyuan in a crowded market, says Piper Jaffray analyst Michael Cox."The typical (Chinese water treatment) manufacturer sells a single product category, in some cases with a very thin product line," said Cox, whose employer participated in the IPO. "That makes it difficult to scale up."Duoyuan has scaled up through its network of 80 distributors in 28 Chinese provinces and districts. The size of the network also differentiates it from its smaller rivals, who mostly self-distribute, says Cox.Market share is less than 1% as Duoyuan's revenue...
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Duoyuan Global Water Inc. Earnings Call scheduled for 5:00 pm ET today

Call DetailsDuoyuan Global Water Inc. Earnings Conference Call (Q3 2009)Mon, Nov 9, 2009, 5:00 pm EasternAbout Duoyuan Global Water Inc. (NYSE:DGW)Duoyuan Global Water Inc., through its subsidiaries, engages in the manufacture and sale of water treatment equipment in the People’s Republic of China. Its product categories include circulating water treatment equipment, including electronic water conditioners, automatic filters, circulating water central processors, cyclone filters, and water softeners, which are used in the process of treating water and removing buildup in circulating water systems; water purification equipment that use ultraviolet, ozone, membrane-based, and electrodeionization technologies in the process of treating and purifying water for various applications and end-user customers, including residential communities and commercial businesses; and wastewater treatment equipment, including grit separators, microporous aerators, and belt-type thickener-filter press mono-block machines, which are used in the process of treating wastewater, such as municipal sewage, and industrial and agricultural wastewater. The company’s customers primarily consist of wastewater treatment plants, water works facilities, manufacturing plants, commercial businesses, residential communities, and individual customers. It sells its products through distributors. Duoyuan Global Water Inc. was founded in 1992 and is headquartered in Beijing, the People’s Republic of China.More Info:Quote |Profile |Reports |Research | Financials...
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