American ECO releases record sales & earnings for fiscal year 1994.HOUSTON--(BUSINESS WIRE)--March 31, 1995--AMERICAN ECO E·co , Umberto Born 1932. Italian writer best known for his novels, including The Name of the Rose (1981). He has also written extensively on semiotics and British and American popular culture. CORPORATION announced Net Income of US$904,000 or US$0.15 per share for the year ended November 30, 1994, compared to $322,000 or $0.07 per share for the previous fiscal year. Revenues for 1994 reached US$35.9 million compared to US$7.5 million for 1993, representing an increase of 475 percent. A one time charge for discontinued operations Discontinued operations Divisions of a business that have been sold or written off and that no longer are maintained by the business. of ($105,000) was deducted de·duct v. de·duct·ed, de·duct·ing, de·ducts v.tr. 1. To take away (a quantity) from another; subtract. 2. To derive by deduction; deduce. v.intr. from earnings for the 1994 fiscal year. The above results are audited. American ECO Corporation, is a leading provider of single source construction, project management, maintenance, demolition, and environmental remediation Generally, remediation means providing a remedy, so environmental remediation deals with the removal of pollution or contaminants from environmental media such as soil, groundwater, sediment, or surface water for the general protection of human health and the environment or from a . Their clients are in the refining, petrochemical, government, commercial, manufacturing, and utility industries. CONTACT: American ECO Corporation Michael E. McGinnis, (713) 647-0505 or J.C. Pennie, (416) 368-5325 |
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