Greenland Corporation (OTC Bulletin Board: GRLC) yesterday reported its financial results for its first quarter ended March 31, 2003.
The Company had revenues of $1.4 million for the quarter associated with its wholly-owned ExpertHR subsidiary, which began operations in January.
Greenland's PEO operations are devoted to professional employment services ("PEO") through which the Company provides a broad range of services associated with human resources management. In the quarter, the Company acquired client contracts and businesses, which represent over $50 million in annualized revenues.
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