SUGAR LAND, TX–(EMWNews – August 14, 2008) – Researched by Industrial Info Resources
(Sugar Land, Texas) — KHD Humboldt Wedag International Limited (NYSE:KHD)
(Hong Kong), a global supplier of plant engineering and equipment for the
cement, coal and minerals industries, presented its second-quarter and
six-month earnings report for 2008 in a conference call on August 13. The
first six months of 2008 brought total revenues of $281.1 million, an
increase of 6% compared to the first half of 2007. The company’s order
intake and backlog has also increased significantly. Chief Executive
Officer Jim Busche attributed this increase in orders to KHD’s targeting
specific regions and economies. “Emerging economy region orders dominated
year-to-date total business received, with 57% coming from Russia and
Eastern Europe and 30% from Asia,” Busche said.
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