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Consolidated Five Star Resources Ltd. -- financial results.


TORONTO--(BUSINESS WIRE)--July 31, 1995--Consolidated Five Star Resources Ltd. (the "Company") (VSE See DOS/VSE.

VSE - Virtual Storage Extended
:CFR CFR

See: Cost and Freight
) announces that the consolidated net earnings of the Company for six months ended June June: see month.  30, 1995 was $21,991 or 0.06 cent per share, as compared to net earnings of $47,031, or 0.12 cent per share, for the year 1994.

Revenue for the six months amounted to $1,934,423 for the year 1995, compared with $1,501,208 for 1994.

For the second quarter in 1995, the Company reports net earnings of $64,613, or 0.17 cent per share, compared with net loss of $76,354, or 0.20 cent per share, for the same quarter in 1994. Revenue for the second quarter of 1995 amounted to $1,018,148, compared with $716,988 for the same quarter in 1994.

Consolidated Five Star Resources Ltd. is an 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 "CFR".

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: Consolidated Five Star Resources Ltd.

Alec Lam, Public Relations public relations, activities and policies used to create public interest in a person, idea, product, institution, or business establishment. By its nature, public relations is devoted to serving particular interests by presenting them to the public in the most , Tel: (905) 305-0222

Fax: (905) 305-0932
COPYRIGHT 1995 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1995, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jul 31, 1995
Words:201
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