Alpha Animation Reported 50% Increase of 2010 Revenue

On February 25th, Guangdong Alpha Animation (002292) announced 2010 annual business report.

According to this report, Alpha Animation achieved profits approximately 903 million Yuan, rising by 52.86% compared with last year. On account of new series of cartoons, YoYo and other licensing toys revenue surged. Hence, the operating profit, total income and net profit of shareholders have grown by 43.39%, 31.85% and 34.33% respectively. Point is the outstanding achievements are resulted from both stimulating market income and product cost control.

In 2011, at least 5 anime movies and TV programs will be showed. Predictably, the audience rating will have a good prospect.