Clary Announces Sales and Other Revenues.MONROVIA Monrovia, city, Liberia Monrovia (mənrō`vēə), city (1986 est. pop. 465,000), capital of the Republic of Liberia, NW Liberia, a port on the Atlantic Ocean at the mouth of the St. Paul River. , Calif.--(BUSINESS WIRE)--Feb. 23, 1998--Clary Corp. (PSE PSE 1. pale soft exudative pork. 2. portosystemic encephalopathy. :CLY) announced sales and other revenues of $4,657,000 for the year ended Dec. 31, 1997, compared with $5,360,000 for the same period in 1996. A net loss of $132,000 or 7 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. is being reported in 1997 compared with a net loss of $653,000 or 36 cents per share in 1996. -0-
Clary Corp.
Year ended Dec. 31,
1997 1996
Net sales and other income $4,657,000 $5,360,000
(Loss) before income taxes $ (131,000) $ (652,000)
Income tax expense 1,000 1,000
Net (loss)/a $ (132,000) $ (653,000)
Net (loss) per common share $ (.07) $ (.36)
Average number of shares 1,807,319 1,807,319
(a) In 1996, the loss includes $300,000 of reserves established for
downsizing, reorganization and future legal expenses.
Quarter ended Dec. 31,
1997 1996
Net sales and other income $1,259,000 $ 944,000
Net (loss) $ (138,000) $ (213,000)
Net (loss) per common share $ (.08) $ (.12)
Average number of shares 1,807,319 1,807,319
CONTACT: Clary clary: see sage. Corp., Monrovia D.G. Ash, 626/359-4486 626/305-0254 (fax) |
|
||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion