China Direct Industries, Inc. (NASDAQ: CDII | PowerRating)
-- First Quarter 2011 revenue reaches $45.8 million up 105.7% from First Quarter of 2010 revenue of $22.3 million
-- First Quarter 2011 net income rises to $3.5 million up from a loss of ($985,000) in the First Quarter 2010
-- First Quarter 2011 basic and diluted EPS of $0.09 versus basic and diluted EPS of ($0.04) in the First Quarter of 2010
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