ADD to BW1200, AL-PEMCO-AVIATION.Business Editors ADD to BW1200, (AL-PEMCO-AVIATION) in the fifth paragraph after the third sentence xxx We expect the government backlog Backlog The total value of sales orders waiting to be fulfilled. Notes: This figure is used mainly in the manufacturing industry. Increases or decreases in a company's backlog indicate the future direction of sales and earnings. to increase in the coming months based on recent business development activities. Please also INSERT in the last sentence of the fifth paragraph after the word "fruit" xxx as well. The new fifth paragraph should read as follows: The company reported that it earned $7.9 million ($1.85 per diluted di·lute tr.v. di·lut·ed, di·lut·ing, di·lutes 1. To make thinner or less concentrated by adding a liquid such as water. 2. To lessen the force, strength, purity, or brilliance of, especially by admixture. share) on net sales Net Sales The amount a seller receives from the buyer after costs associated with the sale are deducted. Notes: This amount is calculated by subtracting the following items from gross sales: merchandise returned for credit, allowances for damaged or missing goods, freight of $127.5 million for the nine months ended September September: see month. 30, 2000 versus a profit of $6.6 million ($1.61 per diluted share) on net sales of $125.5 million for the three quarters ended September 30, 1999. Income before income taxes for the nine-month period improved to $7 million compared to $6.8 million in the same period in 1999. "The fact that our revenue and income numbers are both higher in 2000 compared to 1999 reflect the continuing strength of our government business. We expect the government backlog to increase in the coming months based on recent business development activities. Recent developments on the commercial side of our business indicate that our efforts to grow that portion of our business are beginning to bear fruit as well," said Ron Noun 1. Ron - a Chadic language spoken in northern Nigeria Bokkos, Daffo West Chadic - a group of Chadic languages spoken in northern Nigeria; Hausa in the most important member Aramini, President and Chief Executive Officer. |
|
||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion