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Deer Consumer Products, Inc. (NASDAQ Global Select Market: DEER) is one of the world's largest designers and ODM (Original Design Manufacturers) of home and kitchen electronics marketing to both global and Chinese domestic consumers. Deer is a NASDAQ listed, US registered public company with its primary operations in China. Throughout Deer's 15 year corporate history, the highly profitable company has been operated by founders/managers. Supported by more than 103 patents, trademarks and copyrights and approximately 1,900 company-trained seasonal and full-time production workers, Deer has direct access to the Chinese and global consumers and is a primary beneficiary of consumer wealth growth worldwide.

  • Strong Earnings Growth: Record Q1/2010 financial results: $23.9 million in revenue, a 248% increase from Q1 2009, and $4.0 million in net income, a 515% increase from Q1 2009
  • Raised 2010 financial guidance: Raised 2010 financial guidance: $160 million in revenues (reported $81 million in revenues in 2009); $26 million in net income (reported $12.5 million in net income in 2009)
  • Strong balance sheet: $75 million in cash with no long term debts or bank credit needs
  • Broad Product Lines: Products include blenders, juicers, soy milk makers, pressure cookers, and dehumidifiers, among others, designed to improve at-home lifestyle and food safety.
  • Announced $20 million share buyback: May 2010
  • Global Market Presence: Deer serves customers in more than 40 countries worldwide.
  • Broad Product Lines: Products include blenders, juicers, soy milk makers, pressure cookers, and dehumidifiers, among others, designed to improve at-home lifestyle and food safety.
  • Strong R&D Capabilities: More than 85% of total product sales are company original designed and owned.
  • Superb Product Quality: Products meet stringent international requirements in North America, Europe, Australia, and Asia.
  • Accountability and Transparency: Financials are audited annually under US GAAP by US auditors. Company is in compliance with SEC filings.


Latest press release
 


Deer Consumer Products, Inc. Updates Share Buyback Program for the Second Quarter 2010, Continues to Maintain Solid Cash Position and Rapid Growth
July 15 , 2010

Deer Consumer Products, Inc. to Report Record 2nd Quarter Financial Results Before August 15, 2010
July 12 , 2010

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