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CRWE is pleased to report its financial information for the 6-month period ending June 30, 2010. Revenue for the six months totaled $678,988, compared to $84,357 during the same period in 2009.
By: Hanson
 
Aug. 6, 2010 - PRLog -- Crown Equity Holdings, Inc. (the “Company”)  is pleased to report its financial information for the 6-month period ending June 30, 2010. Revenue for the six months totaled $678,988, compared to $84,357 during the same period in 2009. The Company incurred an operating loss of $26,739 for the six months ending June 30, 2010, compared to an operating loss of $245,796 during the same period in 2009. The Company incurred a net loss of $201,658 for the six months ending June 30, 2010, compared to a net loss of $255,006 for the same period in 2009. The net loss in 2010 was due primarily to an unrealized loss of $169,195 on securities held by the Company.

“We are pleased with the continued progress during the last six months compared to the same period in the previous year,” commented Kenneth Bosket, President and CEO of Crown Equity Holdings, Inc. “Not only do our financial results show strong growth during this year, but we continue to build our internal structure to support future growth,” stated Bosket.

Crown Equity Holdings, Inc. has increased its workforce to an amount of 35, compared to this time last year’s head count of 6, which is a 580% personnel increase. This is in addition to the 10 contractors we recently hired in Pakistan.

The company has also expanded its Internet footprint internationally to include the following 20 countries; Argentina, Australia, Brazil, Canada, China, France, Germany, Hong Kong, India, Ireland, Italy, Japan, Korea, Mexico, New Zealand, Singapore, Spain, Taiwan and the UK.

More about CRWE at: www.crownequityholdings.com



Willis Lease Finance Corporation , a leading lessor of commercial jet engines, today reported an 8% year-over-year growth in its lease portfolio contributed to a profitable second quarter -- although at lower levels than in the past. Lower overall portfolio utilization and continuing pressure on lease rates combined with higher borrowing costs to impact profitability. Net income totaled $1.9 million in the second quarter of 2010, compared to $3.1 million in the first quarter of 2010 and $5.0 million in the second quarter of 2009. After payment of preferred dividends, net income available to common shareholders totaled $1.1 million, or $0.12 per diluted common share, in the second quarter of 2010, compared to $2.3 million, or $0.24 per diluted share, in the first quarter of 2010 and $4.2 million or $0.47 per diluted share in the second quarter a year ago.



More about WLFC at: www.willislease.com



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Source:Hanson
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Tags:Crown, Crown Equity Holdings, Crwe, Crwe Ob, Equity, Otc Bb: Crwe, Willis, Wlfc
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