BP International Announces Fourth Quarter Gains up 53% over Previous Year.DELAND, Fla. -- BP International, Inc., (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB: BPIL BPIL Business Process Interface Link ), a rapidly growing manufacturer of fabric architecture shade structures and tennis and athletic field equipment, posted the company's first quarterly operating profit Operating profit (or loss) Revenue from a firm's regular activities less costs and expenses and before income deductions. operating profit See operating income. since first quarter FYE FYE For Your Entertainment FYE First Year Experience FYE Fiscal Year End FYE Funding Your Education FYE For Your Eyes (CSD-TV magazine) FYE For Your Enjoyment FYE Full Year Effect FYE First Year Enrichment FYE For Your Edification 2003. The company reported revenue for the fourth quarter, which ended May 31, 2004, rose 53% to $1,626,552 compared with $1,061,750 a year ago. Operating profits for the quarter were $45,883 compared with a net operating loss operating loss The excess of operating expenses over revenue. As with operating income, operating losses exclude revenues and expenses from operations that are not considered a regular part of the business. Also called deficit. Compare operating income. of $(486,498) during the same period the previous year. "These numbers represent some pretty aggressive growth for our last quarter, and that growth is represented by increases in every one of our product divisions," said Larry Ball Larry Lauren Ball (born September 27, 1949 in Iowa City, Iowa) is a retired American football linebacker. Ball was drafted out of University of Louisville in the 1972 NFL Draft by the Miami Dolphins. He also played for the Tampa Bay Buccaneers and Detroit Lions. , BP International CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. . "What's especially exciting to me, but not unexpected based on our projections, is that our profound growth continues into the first quarter of our new year, which we'll be reporting in a separate release." Comparing 2003 fourth quarter sales with 2004 fourth quarter sales, increases in each division were as follows: ShadeZone(TM) fabric architecture division: up 163.67% Tennis Court Equipment division: up 59.2 % Athletic Field Equipment division: up 20.45% Fence division: up 17.09% "The numbers reflect the primary source of our over all growth," Ball continued. "It's coming from the total offering of our fabric shade products, which we sell first and foremost in our ShadeZone(TM) division, and secondarily in the Tennis division. Three years ago we introduced our fabric architecture product line. As we investigated that market, we realized that we were poised on the brink of an incredibly huge phenomenon: the need for shade in all outdoor facilities, for reasons of health and for comfort. We knew we had a product that could address that need in a way that would be extremely attractive and competitive. At that time, we began a severe reorganization within our company to gear up for and prepare to address that need, with the unequivocal goal of capturing a significant share of the newly emerging market. Reorganization required significant capitol, and some lean months for the company, but our long-term projections were right on target. "The primary growth factor in tennis is the response of tennis court builders to the various shade products. Until recently, shade was not a consideration at tennis facilities. Now, it's the number one request from players and spectators, and clubs are responding to the pressure. (see RSI (Repetitive Strain Injury) Ailments of the hands, neck, back and eyes due to computer use. The remedy for RSI is frequent breaks which should include stretching or yoga postures. : Racquet Sports Racquet sports are those where players use racquets (or rackets) to hit a ball or other object.
"What has happened is that BP International has turned the corner -- all our preparation is finally beginning to be reflected in our sales. The shade market is still in its infancy, but it's growing, and we are right in there growing with it. Everyone wants shade. We are building shade, and we are doing it right, and we are doing it in a way that makes it cost effective for almost every market where the demand exists. "As far as the ShadeZone(TM) division, we are marketing our product to several significant sectors: all playgrounds at schools, day cares, parks; golf courses and driving ranges; parking lots for multi-family dwellings, office and shopping complexes, pay-for-parking; bleacher bleach·er n. 1. One that bleaches or is used in bleaching. 2. An often unroofed outdoor grandstand for seating spectators. Often used in the plural. covers at parks, schools, universities, and professional baseball and football facilities; pavilions at parks, Amusement Parks This page contains a list of amusement parks by
About BP International, Inc.: BP International, Inc. (BPIL) is a leading manufacturer of tennis court equipment, athletic field and gymnasium gymnasium In Germany, a state-maintained secondary school that prepares pupils for higher academic education. This type of nine-year school originated in Strasbourg in 1537. equipment, custom netting, and outdoor fabrics for use in privacy and construction fencing and fabric architecture shade structures and cabanas. The company recently introduced ShadeZone(TM) shade structures, an expanding line of standard and custom, permanent and portable, fabric architecture to reduce heat and block UV rays on playgrounds, golfing facilities, zoos, baseball and football complexes, theme parks, parking lots, car dealerships This article is about car dealerships. For the indie pop band, see Dealership (band). A car dealership or vehicle local distribution is a business that sells new cars and/or used cars at the retail level, based on a dealership contract with an automaker or , outdoor concessions, pool sides, etc...For more information, please visit our website at www.BPInternational.com Forward-Looking Statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. : Statements made in this news release that relate to future plans, events or performances are forward-looking statements. Any statement containing words such as "believes" "anticipates" "plans" or "expects" and other statements which are not historical facts contained in this release are forward-looking, and these statements involve risks and uncertainties and are based on current expectations. Consequently, actual results could differ materially from the expectations expressed in these forward-looking statements. Reference is made to the Company's filings with the Securities and Exchange Commission for a more complete discussion of such risks and uncertainties. |
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