CHAI-NA-TA Corp. Issues Record Results For Fiscal 1995.CORP. (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 : CCCFF TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). : CC) Chai-Na-Ta Corp. is pleased to announce record results for its fiscal year ended November 30, 1995. Total consolidated revenue was CAD$25.9 million, an increase of 36 percent over the CAD$19.1 million reported for fiscal 1994. Consolidated pre-tax income was CAD$8.2 million, an increase of 39 percent over the CAD$5.9 million reported for fiscal 1994. Consolidated net income was CAD$5.1 million, an increase of 20 percent over the CAD$4.3 million reported for fiscal 1994. Earnings per share increased by 17 percent to CAD$0.35 (CAD$0.30 fully diluted di·lute tr.v. di·lut·ed, di·lut·ing, di·lutes 1. To make thinner or less concentrated by adding a liquid such as water. 2. To lessen the force, strength, purity, or brilliance of, especially by admixture. ), when compared to fiscal 1994's EPS (Encapsulated PostScript) A PostScript file format used to transfer a graphic image between applications and platforms. EPS files contain PostScript code as well as an optional preview image in TIFF, WMF, PICT or EPSI, the latter being an ASCII-only format. of CAD$0.30 (CAD$0.26 fully diluted). Chai-Na-Ta Corp.'s President and C.E.O., Gerry Gill states, "We are very pleased with the financial results for fiscal 1995. Once again, our financial results have exceeded our forecasts. Revenue, net income, and earnings per share are all new record highs. We have stayed focused on our program of revenue and income growth through the production of quality products and the development of our vertical integration program." Gill further states, "Our company's outlook continues to be very bright and promising. Over the past three years, revenues have grown by 226 percent and net income by 156 percent. We expect the next three years to present even better opportunities as our larger plantings are harvested and our value added Value Added The enhancement a company gives its product or service before offering the product to customers. Notes: This can either increase the products price or value. products contribute to our revenue and income growth. We have the products, organization and structure in place to maximize each new opportunity. The current and ongoing research and development of new products will broaden both our product applications and markets. Interest in ginseng ginseng (jĭn`sĕng), common name for the Araliaceae, a family of tropical herbs, shrubs, and trees that are often prickly and sometimes grow as climbing forms. and ginseng-based products is continuing to grow globally." Chai-Na-Ta Corp., through its subsidiaries, is the world leader in the cultivation of ginseng root and a worldwide marketer of ginseng value-added products. CONTACT: CHAI-NA-TA CORP. Gerry Gill or Russell Vatcher, 800/406-7668 or 604/533-8883 or INVESTOR RELATIONS Investor relations The process by which the corporation communicates with its investors. Barretto Pacific Corp. Landon Barretto or Adele Lang, 206/583-8370 |
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