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Country Maid Foods income increases.


AURORA Aurora, cities, United States
Aurora (ərôr`ə, ô–).

1 City (1990 pop. 222,103), Adams and Arapahoe counties, N central Colo., a growing suburb on the east side of Denver; inc. 1903.
, Mo.--(BUSINESS WIRE)--Nov. 21, 1996--Country Maid Foods Inc. (OTC OTC

See: Over-the-counter.


OTC

See over-the-counter market (OTC).
:CMFI CMFI Central Multiport Fuel Injection ) announced today that revenue for the fiscal six months ending Sept. 30, 1996, increased 27% to $1,910,103 from $1,504,015 in the same period a year ago.

Net income increased dramatically to $3,948 for the six months from a loss of $251,281. The company attributed the increases to better cost controls and higher prices for its commercial egg production.

Country Maid Foods Inc. stated that the prices received for its commercial egg production are the highest in the last eight years with the wholesale market now at or above $.87 per dozen. "We are optimistic op·ti·mist  
n.
1. One who usually expects a favorable outcome.

2. A believer in philosophical optimism.



op
 that the internal increases in egg production along with continued strong egg prices will result in further sales and earnings improvement in the months ahead," said Country Maid Foods Inc. President John C. Moneymaker.

The company is continuing to finalize fi·nal·ize  
tr.v. fi·nal·ized, fi·nal·iz·ing, fi·nal·iz·es
To put into final form; complete or conclude: "They have jointly agreed ...
 the acquisition of the Villines egg breaking plant in Springdale, Ark. Country Maid Foods Inc. began utilizing the plant on Sept. 15, 1996 and is waiting for final creditor approval to complete the acquisition.

Country Maid Foods Inc. has two subsidiary's; Country Maid Farms Inc. which is a commercial egg production company with operating facilities in Missouri, Nebraska, and South Dakota South Dakota (dəkō`tə), state in the N central United States. It is bordered by North Dakota (N), Minnesota and Iowa (E), Nebraska (S), and Wyoming and Montana (W).  and Harrington-Chase P.L.C. of London, England, which is primarily engaged in the import and export of agricultural related products.

CONTACT: Country Maid Foods Inc., Aurora

John Moneymaker, 417/678-3511
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:Nov 21, 1996
Words:244
Previous Article:CIBER announces merger with Technical Support Group.
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