Alpha Solarco earnings increase.PHOENIX--(BUSINESS WIRE)--Jan. 16, 1996--Alpha Solarco (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). 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 Small Cap:ASCO ASCO American Society of Clinical Oncology ASCO Association of Schools and Colleges of Optometry (since 1941; Rockville, Maryland) ASCO Australian Standard Classification of Occupations ASCO Automatic Switch Company ) Tuesday reported its best quarterly and six month earnings since company inception. Net income for the quarter was $410,210 or 21 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. during the three months ended Nov. 30, 1995, up from a $389,803 loss in the like period one year earlier. The six months of the current fiscal year show earnings of 12 cents a share compared to a 2 cent loss in the like period during the previous year. Alpha attributed the gain to profits realized on the Saudi Arabian technology transfer contract currently scheduled for completion in the third quarter. Alpha Solarco is recognized as a world leader in solar concentrator technology which is engineered for electric utility systems. CONTACT: Alpha Solarco Inc., Phoenix Edward C. Schmidt, 602/252-3055 |
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