ATP Announces Fiscal 2001 Results and Dividend.Business Editors SAN ANTONIO--(BUSINESS WIRE)--Dec. 5, 2001 Advanced Tobacco Products Inc., d/b/a Advanced Therapeutic Products Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :AVTH) ("ATP ATP: see adenosine triphosphate. ATP in full adenosine triphosphate Organic compound, substrate in many enzyme-catalyzed reactions (see catalysis) in the cells of animals, plants, and microorganisms. ") today reported after tax earnings of $529,091 (6 cents per share Cents per share The amount of a mutual fund's dividend or capital gains distributions that a shareholder will receive for each share owned. ) on operating revenues of $643,399 for the fiscal year ending Sept. 30, 2001, as compared to $447,328 (5 cents per share) on operating revenues of $496,516 for the fiscal year ending Sept. 30, 2000. The Board of Directors of ATP also recently declared a dividend of 5 cents per share payable on Jan. 9, 2002, to stockholders of record as of Dec. 21, 2001. ATP sold patented nicotine technology, which forms the basis of the Nicorette(R)/Nicotrol(R) Inhaler inhaler /in·hal·er/ (in-hal´er) 1. an apparatus for administering vapor or volatilized medications by inhalation. 2. ventilator (2). in·hal·er n. , to what is now Pharmacia Corporation ("Pharmacia") in exchange for product payments of 3% of Pharmacia's 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 the Nicorette(R)/Nicotrol(R) Inhaler. In September, 1998, Pharmacia launched the Nicotrol(R) Inhaler nationwide in the U.S. as a prescription product. The Nicorette(R) Inhaler is sold primarily as an over-the-counter product in Australia, Austria, Belgium, Czech Republic, Denmark, Estonia, Finland, Hong Kong, Iceland, Ireland, Italy, Malta, Mexico, Netherlands, New Zealand New Zealand (zē`lənd), island country (2005 est. pop. 4,035,000), 104,454 sq mi (270,534 sq km), in the S Pacific Ocean, over 1,000 mi (1,600 km) SE of Australia. The capital is Wellington; the largest city and leading port is Auckland. , Norway, Portugal, Russia, Singapore, Sweden, Switzerland, Taiwan and the United Kingdom. The Nicorette(R)/Nicotrol(R) Inhaler is the only nicotine replacement product that is designed to help control a smoker's cravings for cigarettes while providing a key behavioral component of smoking -- the hand-to-mouth ritual. |
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