Consulier Engineering reports net income for the three month period ended Sept. 30, 1996.TEQUESTA
The Tequesta (also Tekesta, Tegesta, Chequesta, Vizcaynos , Fla.--(BUSINESS WIRE)--Nov. 11, 1996--Consulier Engineering Inc. (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 :CSLR CSLR Center for Spoken Language Research (University of Colorado at Boulder) CSLR Center for the Study of Law and Religion (Emory University School of Law; Atlanta, Georgia) ) of Tequesta reported net income for the three month period ended Sept. 30, 1996 of $435,313, or $.17 per common share, compared to net income of $218,130 or $.08 per common share, for the three month period in 1995. Nine month net income was $967,237, or $.38 per common share compared to net income of $697,578, or $.26 per common share for the nine month's of 1995. Consolidated con·sol·i·date v. con·sol·i·dat·ed, con·sol·i·dat·ing, con·sol·i·dates v.tr. 1. To unite into one system or whole; combine: revenues increased 44% to $2.7 million in the nine months of 1996 versus $1.8 million in the first nine months of 1995. The continued increase in revenues is attributable attributable emanating from or pertaining to attribute. attributable proportion see attributable risk (below). attributable risk to our subsidiary, Southeast Automotive, which is an auto parts Auto parts are components of automobiles. They mainly are, in alphabetic order (only car specific articles or articles with car section):
CONSULIER ENGINEERING INC.
Three Months Ended Nine Months Ended
Sept. 30, Sept. 30, Sept. 30, Sept. 30,
1996 1995 1996 1995
--------- --------- --------- ---------
Net revenues $ 864,564 $ 578,550 $2,720,034 $1,892,569
Gross profit $ 276,503 $ 192,583 $ 958,011 $ 712,008
Operating (loss) $(127,842) $(149,987) $(106,476) $(387,627)
General & administrative
expense $ 366,418 $ 283,129 $ 936,096 $ 862,984
Research & development
expense $ 37,927 $ 59,441 $ 128,391 $ 236,651
Investment income $ 752,022 $ 481,739 $1,477,381 $ 926,233
Net income $ 435,313 $ 218,130 $ 967,237 $ 697,578
Average number of
common and common
equivalent shares
outstanding 2,511,528 2,675,909 2,513,423 2,673,684
Earnings per common
share $ .17 $ .08 $ .38 $ .26
Consulier Engineering Inc.'s Common Stock trades on the over-the-counter market over-the-counter market Trading in stocks and bonds that does not take place on stock exchanges. Such trading occurs most often in the U.S., where requirements for listing stocks on the exchanges are strict. under the NASDAQ symbol CSLR. CONTACT: Consulier Engineering Inc., Tequesta Ralph Butler 561/842-2492, FAX 561/845-3237 |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion