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Cobequid Life Sciences Inc. -- Year End Results.


RICHMOND HILL Richmond Hill may refer to:

Places:
Canada
  • Richmond Hill, Ontario
  • Richmond Hill (electoral district), a Federal constituency
United Kingdom
, Ontario--(BUSINESS WIRE)--Dec. 16, 1996-- Cobequid Life Science (VSE See DOS/VSE.

VSE - Virtual Storage Extended
 KQR.)

    Year End August 30, 1996                    Year Ago

Revenue                 2,512,300              2,942,693
Gross Profit            1,708,404              1,940,745
Net Income (Loss)        (230,905)                63,645
Profit(Loss) per share     (0.028)                 0.008
Shares Outstanding      7,999,685





Revenue reduction over the same period last year was primarily due to the postponement of a large vaccine order from a major customer scheduled for August and part of which was processed in September.

The annual Shareholders meeting of Cobequid will be held on February 5, 1997 at 10:00 a.m at the Canadian Pacific Hotel in Charlottetown, Prince Edward Island Prince Edward Island, province (2001 pop. 135,294), 2,184 sq mi (5,657 sq km), E Canada, off N.B. and N.S. Geography


One of the Maritime Provinces, Prince Edward Island lies in the Gulf of St.
.

On Behalf of The Board of Directors H.D. Sansom Chairman

COBEQUID SPECIALIZES IN BIOLOGICALS FOR THE AQUACULTURE aquaculture, the raising and harvesting of fresh- and saltwater plants and animals. The most economically important form of aquaculture is fish farming, an industry that accounts for an ever increasing share of world fisheries production.  INDUSTRY. -0- 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).
 has not reviewed and does not accept responsibility for the adequacy of the contents of this News Release.

CONTACT: Cobequid Life Sciences Inc.

H.D. Sansom, 905/707-0505

905/707-0556 (FAX)
COPYRIGHT 1996 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1996, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Dec 16, 1996
Words:172
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