Cemtrex Ends Fiscal Year with a Return to Profitability and a 315% Increase in Sales
FARMINGDALE, N.Y., Jan. 13, 2012 — Cemtrex, Inc. (OTC: CTEI) today announced its results for the fiscal year ending September 30th, 2011.
Year-End Highlights Include:
Sales: Net sales for 2011 increased by $10,428,098 to $13,732,153, from $3,304,055 in 2010.
Net Income: The Company had a net in…
Cemtrex Appoints Saagar Govil as CEO
FARMINGDALE, N.Y., Dec. 21, 2011 — Cemtrex, Inc. (OTC: CTEI) announced today that Arun Govil has resigned as the CEO of the Company effective Dec. 19 and the Board of Directors is pleased to announce that Saagar Govil has been appointed as the new CEO.
Mr. Arun Govil will remain on the Board of Directo…
Cemtrex Secures $25 Million Green DCV Systems Order
FARMINGDALE, N.Y., Sept. 28, 2011 — Cemtrex Inc. (OTC: CTEI) announced that it has entered into an agreement to provide US$25.0 million of Green DCV products and services to an infrastructure company located in India.
The agreement is for the evaluation, design, and installation of CemtrexR…
Cemtrex Reports Third Quarter Results: Sales Increase by 816%
FARMINGDALE, N.Y., Aug. 11, 2011 — Cemtrex Inc. (OTC: CTEI) today announced its third quarter consolidated results of operations for the nine months ended June 30, 2011.
Third Quarter Highlights:
Revenue increased by 816% to $6,001,792 in third quarter ended June 30, 2011 compared to $654,721 i…
Cemtrex Completes Installation at Westar Energy’s Jeffrey Energy Center
FARMINGDALE, N.Y., June 22, 2011 — Cemtrex Inc. (OTC: CTEI) announced today that it has successfully completed an installation of boiler combustion efficiency monitors at Westar Energy’s coal-fired Jeffrey Energy center power plant, on boilers supplied by Foster Wheeler North Americ…
Cemtrex Sales Increase 221% in Second Quarter
FARMINGDALE, N.Y., June 2, 2011 — Cemtrex Inc. (OTC: CTEI) today announced its second quarter consolidated results of operations for the three months ended March 30, 2011.
Second Quarter Highlights:
Net sales for three months ended March 31, 2011 increased by $2,238,993 or 221%, to $3,254,170 f…
Cemtrex Experiencing Increased Inquiry Levels for Its Mercury Monitors
FARMINGDALE, N.Y., April 28, 2011 — Cemtrex Inc. (OTC: CTEI) announced today that in light of recent EPA rulings regarding mercury emissions control, Cemtrex is seeing a big surge in the number of business enquiries and opportunities for its mercury monitor across a wide range of industries such…
Cemtrex Expands Into Mobile Applications Technology Business
FARMINGDALE, N.Y., April 19, 2011 — Cemtrex Inc. (OTC: CTEI) announced today that it is opening a new software and technology division within the company. Cemtrex’s newly formed software and technology division will create innovative mobile and Web-based applications that aim to add sy…
Cemtrex Completes Installs of Green DCV System at Aerospace Company
FARMINGDALE, N.Y., March 1, 2011 — Cemtrex Inc. (OTC: CTEI) announced that it has successfully completed the installation of its Green DCV system in a newly constructed building in West Virginia. The building spanning several floors and covering over 150,000 sq. ft. belongs to a Fortune 500 aero…
Cemtrex Reports First Quarter Results: Sales Increase by 104%
FARMINGDALE, N.Y., Feb. 23, 2011 — Cemtrex Inc. (OTC: CTEI) today announced its first quarter consolidated results of operations for the three months ended December 31, 2010.
First Quarter Highlights:
Revenue increased by 104% to $1,821,634 in first quarter ended December 31, 2010 compared to…
