1994 net income up 100 percent at Scott's Liquid Gold-Inc.DENVER--(BUSINESS WIRE)--Feb. 21, 1995--Scott's Liquid Gold-Inc., trading on the NYSE NYSE See: New York Stock Exchange under the symbol SGD SGD In currencies, this is the abbreviation for the Singapore Dollar. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. , announced Tuesday Tuesday: see week. that its net income for the year ended December 31, 1994 reached an all-time high of $5,851,500, or $0.57 a share compared to $2,928,700 or $0.30 a share for the previous year. Scott's Liquid Gold-Inc. manufactures household chemical products, principally Scott's Liquid Gold for wood and Touch of Scent air fresheners air freshener n → ambientador m air freshener air n → désodorisant m air freshener air n → , and skin care products marketed under the name Alpha Hydrox. In December of 1994, the Company began to ship its new Alpha Hydrox After Shave Lotion lotion /lo·tion/ (lo´shun) a liquid suspension, solution, or emulsion for external application to the body. lo·tion n. 1. for men and will begin to ship its Alpha Hydrox Body Wash products in the first quarter of 1995. Figures for the most recent two years follow: -0-
SCOTT'S LIQUID GOLD-INC.
& Consolidated Subsidiaries
Financial Highlights
Twelve Months Ended
December 31
1994 1993
REVENUES $53,645,500 $37,789,400
INCOME FROM
OPERATIONS $ 9,652,500 $ 4,883,700
PROVISION FOR
INCOME TAXES $ 3,801,000 $ 1,955,000
NET INCOME $ 5,851,500 $ 2,928,700
NET INCOME PER COMMON
SHARE
PRIMARY $0.57 $0.30
FULLY DILUTED $0.57 $0.29
WEIGHTED AVERAGE NUMBER OF
COMMONSHARES OUTSTANDING
PRIMARY 10,228,500 9,674,700
FULLY DILUTED 10,209,100 10,019,275
CONTACT: Scott's Liquid Gold-Inc., Denver Barry Shepard or Carolyn Anderson Anderson, river, Canada Anderson, river, c.465 mi (750 km) long, rising in several lakes in N central Northwest Territories, Canada. It meanders north and west before receiving the Carnwath River and flowing north to Liverpool Bay, an arm of the Arctic , 303/373-4860 |
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