Omni-Lite earns four cents per share in Q3|
Omni-Lite Industries Canada Inc.
December 2, 2003
Omni-Lite Industries has released the financial results for the nine-month period ended Sept. 30, 2003. Net income was $555,652 (U.S.) or $752,132 (Canadian), an increase of 130 per cent over the same period in 2002. Earnings per share were six U.S. cents or eight Canadian cents. Revenue and rental income for same period was $2,259,160 (U.S.) or approximately $3,057,999 (Canadian), an increase of 23 per cent. Cash flow from operations increased by 23 per cent to $801,301 (U.S.) or $1,139,393 (Canadian).
The company reported net income for the three-month period ended Sept. 30, 2003, of $252,288 (U.S.) or $341,496 (Canadian). The company earned three U.S. cents or four Canadian cents per share for the quarter. Revenue and rental income increased 29 per cent over the same period to $892,966 (U.S.) or $1,208,719 (Canadian). Cash flow from operations for the three-month period was $419,167 (U.S.) or $567,385 (Canadian).
Complete results are available at www.sedar.com or may be requested directly from the company.
FINANCIAL HIGHLIGHTS Three months ended Sept. 30 (U.S. dollars) 2003 2002 Revenue and rental $ 892,966 $ 673,822 Net income (loss) $ 252,288 $ 25,600 Earnings per share $ 0.03 $ 0.003 Earnings per share (Cdn$) $ 0.04 $ 0.005 FINANCIAL HIGHLIGHTS Nine months ended Sept. 30 (U.S. dollars) 2003 2002 Revenue and rental $2,259,160 $1,840,034 Net income (loss) $ 555,652 $ 242,147 Earnings per share $ 0.06 $ 0.03 Earnings per share (Cdn$) $ 0.08 $ 0.04
|| Main Page | Investor Info | Profile / Divisions | Online Store | Contact Us | | Follow @OmniLiteInd ||