Clary Corporation Announces 2001 Earnings.Business Editors 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. 14, 2002 Clary clary: see sage. Corporation (PCX (1) A bitmapped graphics file format that handles monochrome, 2-bit, 4-bit, 8-bit and 24-bit color and uses RLE to achieve compression ratios of approximately 1.1:1 to 1.5:1. Images with large blocks of solid colors compress best under the RLE method. See PC Paintbrush. :CLY TT) announced sales and other revenues of $7,490,000 for the year ended December December: see month. 31, 2001 compared to $5,516,000 for the same period in 2000. Net earnings of $1,110,000 or $.61 per share is being reported in 2001 compared to net earnings of $18,000 or $.01 per share in 2000.
Year ended December 31,
2001 2000
Net sales and other income $ 7,490,000 $ 5,516,000
Earnings before income taxes $ 1,168,000 $ 20,000
Income tax expenses (A) 58,000 2,000
Net earnings $ 1,110,000 $ 18,000
Net earnings per common share $ .61 $ .01
Average number of shares 1,807,419 1,807,419
(A) Reflects minimum Federal Tax and $700,000 State Net Operating
Loss carryforward in the year 2001.
Quarter ended December 31,
2001 2000
Net sales and other income $ 1,478,000 $ 1,300,000
Net (loss) $ (47,000) $ (49,000)
Net (loss) per common share $ (.03) $ (.03)
Average number of shares 1,807,419 1,807,419
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