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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.
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- 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.
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