Friday, February 25, 2011

China Redstone Group (OTCBB:CGPI) Plots sales increased 7.0% year-over-year to $3.8 million

China Redstone Group (OTCBB:CGPI) Plots sales increased 7.0% year-over-year to $3.8 millionOxford, Mississippi, Feb 25, 2011/PennyPayday.com/ China Redstone Group (OTCBB:CGPI), the largest private provider of cemetery products and services in Chongqing, China, today reported the sales of the cemetery plots for January 2010. China Redstone sold 524 cemetery plots in January 2011, representing a decrease of 12.1% from the same period last year. The Company offers several plot options with range in size and location on the property. With a range of plot prices from $5,053 to $11,415, the average selling price was $7,202 per plot during January, an increase of 21.8% from $5,913 last year.

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