Big Tree Group, a
China-based company that serves as a “one-stop-shop” for the sourcing and
distribution of toys and related products, today reaffirmed that it sees
full-year revenues reaching a record of more than $45 million and earnings per
share exceeding $0.14. The company expects to report its full-year 2013 results
in March of 2014.
Shantou Big Tree
Toys, the subsidiary that operates Big Tree Group’s toy exporting business, led
revenue growth by increasing approximately 50 percent in 2013. Shantou Big Tree
Toys is expected to contribute approximately $15 million of total revenues to
Big Tree Group’s full-year revenues.
The company’s
business strategy is centered on export sales as a major area for growth, and
as such, the companies have devoted substantial resources toward building the
Big Tree Toys brand as a reputable source for high-quality toys. Strong sales
growth in 2013 is a reflection of the success of these efforts; management
anticipates substantial growth for this business in 2014.
“We are pleased with
our strong revenue growth in 2013 as our emphasis on quality and pricing has
enabled us to expand our global customer base. We continue to see strengthening
demand from numerous toy markets worldwide, including North America, South
America, the Mideast, Asia and Europe,” Wei Lin, chairman and CEO of Big Tree
Group. “We believe we have built a strong foundation for growth through our
sourcing capabilities, our quality control systems and our emphasis on custom
service over the past several years. This has enhanced our reputation as a
reliable ‘one-stop-shop’ for toy industry buyers across the globe. We are
confident that we can build on our reputation and position our company to
continue to deliver stronger financial performance for years to come.”
For more
information, visit www.bigtreegroup.net
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