Cemtrex CEO Provides Update to Shareholders
Cemtrex Inc. (CETX)
Last cemtrex inc. earnings: 8/19 05:03 pm
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US:NASDAQ Investor Relations:
cemtrex.com/investor-relations
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Source: GlobeNewswire
Farmingdale, NY, May 16, 2018 (GLOBE NEWSWIRE) -- Cemtrex Inc., today announced that its Chairman and CEO released a letter to shareholders as follows: To the Shareholders of Cemtrex, In 2011, I stepped into the role as CEO and addressed many challenges we faced as a company. We were a going concern, we had little resources, and had no technology of our own. We were stuck in an industry with non-existent growth potential and as an organization we added little value in the value chain. Through many initiatives over the subsequent five years we were able to address almost all of these challenges. We have grown from a six person team in 2010 to a 600 person team now in 2018. We have increased revenue from $3 million to over $100 million in this time period, a feat most companies never are able to accomplish, through strategic acquisitions and focusing on new markets. Our tangible book value per share increased from $.01 to over $3.50 from 2010
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CETX
Sec Filings
- 3/27/24 - Form DEF
- 3/21/24 - Form 25-NSE
- 3/18/24 - Form 8-K
- CETX's page on the SEC website