CFS International Inc. Announces Financial Results.TORONTO--(BUSINESS WIRE)--Aug. 28, 1996--CFS INTERNATIONAL (VSE See DOS/VSE. VSE - Virtual Storage Extended : CFY CFY Clinical Fellowship Year (often used in speech-language pathology education/jobs) CFY Current Fiscal Year CFY Contractor Fiscal Year CFY Company Fiscal Year ) -- CFS CFS abbr. chronic fatigue syndrome CFS, n.pr See syndrome, chronic fatigue. CFS Chronic fatigue syndrome, see there International Inc. (the "corporation") announces that the consolidated net earnings of the corporation for the six months ended June 30, 1996 were $469,210 or 1.22 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. , as compared to $21,991, or 0.06 cent per share, for the same period in 1995. Revenue for the six months amounted to $21,292,470 for 1996, compared with $2,396,211 for 1995. For the second quarter in 1996, the corporation reports net earnings of $853,622, or 2.22 cents per share, compared with net earnings of $64,613, or 0.17 cent per share, for the same quarter in 1995. Revenue for the second quarter of 1996 amounted to $10,920,138, compared with $1,313,589 for the same quarter in 1995. CFS International Inc. is an international trading, manufacturing, retailing, and investment company, with its shares traded on the Vancouver Stock Exchange Vancouver Stock Exchange (VSE) A securities and options exchange in Vancouver, British Columbia, (Canada), specializing in venture capital companies. Vancouver Stock Exchange See Canadian Venture Exchange (CDNX). under the symbol "CFY". -0- The Vancouver Stock Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the contents of this press release. CONTACT: CFS International Inc. Alec Lam, 905/305-0222 905/305-0932 (Fax) |
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