China Display Technolgies (OTCBB: CDYT), the fifth largest backlight unit (BLU) developer and manufacturer in China, recently announced exceptional 3rd Quarter results. Capitalizing on the booming BLU market which encompasses the advanced backlighting units installed into cell phone display screens, camcorders, digital cameras, televisions and numerous other devices, has proven extremely profitable. Comparing 9 months ended Sep 30, 2008 to 2007, CDYT’s sales grew 33% from $20.5M to $27.7M.

With the present condition of the market, investing in solid companies with a strong record of profitability is a key component for your portfolio’s success. A company that exemplifies these characteristics is China Display Technologies (OTC BB: CDYT). CDYT is currently trading at a P/E ratio of 4, while other companies in its industry are valued at an average P/E ratio of 25. As far as consistent profitability is concerned, CDYT has reported eight consecutive quarters of profitability, and it is expected to continue double-digit earnings and revenue growth for the fiscal year of 2008.

China Display has achieved rapid growth driven by their successful market expansion efforts in both foreign and domestic markets.

China Display Technologies trades at the symbol, and offers investors a great opportunity due to the management domain expertise along with market potential.