Apple Homes Corp. Reports Fiscal Year End Results.AUGUSTA, Ga.--(BUSINESS WIRE)--Aug. 4, 1999-- Apple Homes Corp. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB:APHC APHC All Parties Hurriyat Conference (Kashmir) ApHC Appaloosa Horse Club (Moscow, Idaho) APHC Association des Pharmaciens du Canada (Canadian Pharmacists Association) ), a leading retailer in manufactured housing Manufactured housing (also known as prefab housing) is a type of housing unit that is largely assembled in factories and then transported to sites of use. In the United States, the term "manufactured home" specifically refers to a house built entirely in a protected , Wednesday reported revenues for the fiscal year end, March 31, 1999, of $33,776,250 and net income of $187,032 before taxes and minority interest. Final net income after these provisions amounted to $104,304, or $0.05 per share. The company also announced that it has completed the filing of a form 10 registration statement with the SEC, and expects to be filing on a quarterly basis beginning its second quarter, the period ending Sept. 30, 1999. -0-
APPLE HOMES CORP.
Fiscal Summary
Year End March 31, 1999
Revenues $ 33,776,250
Net Income
Before Taxes & Minority Interest $ 187,032
Net Income $ 104,304
Net Income Per Share $ 0.05
Common Shares Outstanding 2,091,539
Weighted Average Number of Shares 1,925,012
Apple Homes Corp. represents six manufacturers and is the largest retailer in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. for General Housing Corp. of Waycross, Ga. "Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. " Statement Except for the historical information contained herein, certain of the matters discussed in this press release are "forward-looking statements" as defined in the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995, which involve certain risks and uncertainties, including but not limited to, changes in general economic conditions, material prices, labor costs, interest rates, consumer confidence, competition, environmental factors, and governmental regulations affecting the company's operations. |
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