Berger Holdings Ltd. reports 39.1% increase in revenue.FEASTERVILLE, Pa.--(BUSINESS WIRE)--Jan. 4, 1995--Berger Holdings Ltd. (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 :BGRH), reported revenue of $16,613,000 for the year ended Dec. 31, 1994 versus revenue of $11,946,000 for the comparable 1993 period. The company expects to report net income in excess of the $374,000 earned in 1993. Both periods include extraordinary items. Tangible net worth Tangible Net Worth Total assets less intangible assets and total liabilities. Notes: In terms of a consumer, tangible net worth is the sum of all your tangible assets (cash, home, cars, etc). increased from $3,141,000 to approximately $4,880,000 during the 1994 fiscal year. Berger has approximately 3.2 million shares outstanding. Joseph F. Weiderman, president and chief operating officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. stated, "We are very pleased that we have now had two consecutive years where our revenue increased 17.4% and 39.1% respectively." He further stated, "We are confident that both revenue and earnings will continue to grow during 1995." Berger Holdings Ltd. is the parent company of Berger Building Products, founded in 1874, and is manufacturer of roof drainage products and solid vinyl siding Wikipedia is not the place for advertisement or self-advertising. Vinyl siding, first introduced to the exterior cladding market in the late 1950s, is an alternative to aluminum siding, fiber cement siding, and timber siding. used primarily in the remodeling remodeling /re·mod·el·ing/ (re-mod´el-ing) reorganization or renovation of an old structure. bone remodeling and renovation market. CONTACT: Berger Holdings Ltd., Feasterville Theodore A. Schwartz or Joseph F. Weiderman, 215/355-1200 |
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