Advanced Environmental Recycling Technologies Announces Second Quarter 2007 Results.SPRINGDALE, Ark. -- Advanced Environmental Recycling Technologies, Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : AERT AERT Advanced Environmental Recycling Technologies, Inc AERT Animal Emergency Response Team ) today announced that 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 for the three months ended June 30, 2007 were $25.3 million compared to $28.1 million for the comparable period in 2006, a 9.8% decrease. Net loss in the second quarter of 2007 was $383,919, or $0.01 per fully diluted share, compared to net income of $1.7 million, or $0.04 per fully diluted share, for the comparable period in 2006. Please join the Company's earnings conference call at 11:00 a.m. ET on Wednesday, August 1, 2007. The event will be a live web cast available at the AERT Company web site at www.aertinc.com or at www.earnings.com About AERT: Since 1989, AERT has pioneered the use of recycled polyethylene plastic in the manufacture of composite building materials Building materials used in the construction industry to create . These categories of materials and products are used by and construction project managers to specify the materials and methods used for . . With its constantly evolving portfolio of patented and proprietary recycling technologies, AERT has been widely recognized as a leader in resource conservation innovation, receiving the EPA EPA eicosapentaenoic acid. EPA abbr. eicosapentaenoic acid EPA, n.pr See acid, eicosapentaenoic. EPA, n. Award for Environmental Excellence for its process of converting scrap plastic to composite outdoor decking. AERT converts reclaimed plastic and wood fiber waste into quality outdoor decking systems, fence systems, and door and window components. The Company is the exclusive manufacturer of Weyerhaeuser ChoiceDek[R] decking, which is available in multiple colors and is sold in all Lowe's Home Improvement stores. See www.choicedek.com for more information. AERT operates manufacturing facilities in Springdale, Lowell, and Tontitown, Arkansas Tontitown is a city in Washington County, Arkansas, United States. The population was 942 at the 2000 census. Tontitown is part of the Fayetteville- Springdale- Rogers Metropolitan Area. Geography Tontitown is located at (36. ; Junction, Texas; and Alexandria, Louisiana. For more information on the Company, visit www.aertinc.com. [TABLE OMITTED] [TABLE OMITTED] [TABLE OMITTED] [TABLE OMITTED] |
|
||||||||||||||||

Printer friendly
Cite/link
Email
Feedback
Reader Opinion