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	<title>Stock Blog Hub &#187; China Architectural Engineering Inc</title>
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		<title>(CAEI) China Architectural Engineering Records an Earnings Loss</title>
		<link>http://www.stockbloghub.com/2010/05/24/caei-china-architectural-engineering-records-an-earnings-loss/37887</link>
		<comments>http://www.stockbloghub.com/2010/05/24/caei-china-architectural-engineering-records-an-earnings-loss/37887#comments</comments>
		<pubDate>Tue, 25 May 2010 02:55:30 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[General Contractors]]></category>
		<category><![CDATA[Industrial Goods]]></category>
		<category><![CDATA[CAEI]]></category>
		<category><![CDATA[China Architectural Engineering Inc]]></category>

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		<description><![CDATA[China Architectural Engineering Inc. (CAEI) reported net loss of $3.5 million or loss per share of 6 cents for its fiscal first quarter ended March 31. Results were disappointing, considering the net income of $943,611 million or 2 cents per share in the year-ago quarter. Decreases in contract revenue, higher raw material costs and administrative costs led to the loss in the quarter. Revenue dipped 68% to $11.5 million from the year-ago period. The decline in revenue resulted as most of China Architectural’s major international projects were completed in 2009. Further aggravating the decline was the fact that the company abstained from commencing other international projects in the quarter, given its plans to concentrate more in the domestic market. Gross margin plunged 220 basis points to 20.3% from the year-earlier ]]></description>
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		<title>(CAEI) China Architectural Engineering Posts Q3 Loss</title>
		<link>http://www.stockbloghub.com/2009/11/16/caei-china-architectural-engineering-posts-q3-loss/20693</link>
		<comments>http://www.stockbloghub.com/2009/11/16/caei-china-architectural-engineering-posts-q3-loss/20693#comments</comments>
		<pubDate>Tue, 17 Nov 2009 01:23:33 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[General Contractors]]></category>
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		<category><![CDATA[CAEI]]></category>
		<category><![CDATA[China Architectural Engineering Inc]]></category>

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		<description><![CDATA[China Architectural Engineering Inc. (CAEI) posted a net loss of 16 cents per share for the third quarter, compared to a net profit of 18 cents in the prior-year period. The net loss in the quarter can be attributed to lower contract revenue, adjustment to estimated gross revenue of the Dubai Metro project, and increase in raw material and overhead costs. Full loss provision of the project in Doha, and losses from the discontinued construction works in the closed Shenzhen office also contributed to the earnings disappointment in the quarter. Quarterly revenues of $25.6 million were down 54% year over year primarily due to the Dubai Metro dispute. The company said that its dispute with the master contractor of the Metro Red Line Project in Dubai, led to an adjustment ]]></description>
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