September 28, 2009 (FinancialWire) — Deer Consumer Products, Inc.’s (NASDAQ: DEER) board has approved a two for one split of the company’s common stock, effective October 5.

The company recently raised its 2009 earnings guidance to around $81 million in revenues and $10 million in net income. In 2008, Deer reported US GAAP audited revenues of $43.8 million and net income of $3.4 million.

New York-based Deer Consumer Products is engaged in the design, manufacture and sale of home and kitchen electric appliances. The company markets to the Chinese domestic consumer markets as well as customers in more than 40 countries worldwide.

Deer’s product lines include blenders, juicers, pressure cookers and other home appliances.

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