D. H. Marketing & Consulting announces fourth quarter earnings.MILFORD Milford. 1 Residential city (1990 pop. 49,938), New Haven co., SW Conn., on Long Island Sound; settled 1639, inc. as a city 1959. Oysters and clams are gathered there for commercial use, and the city also has light manufacturing, such as the production , Pa.--(BUSINESS WIRE)--January 3, 1997--D. H. Marketing & Consulting Inc. is enthusiastically announcing fourth quarter pre-tax earnings of $.40 per share, up from $.24 in the previous quarter and exactly in line with management's expectation. Total pre-tax earnings for 1996 total $.80, up from ($.18) for fiscal year 1995. Having accurately forecast earnings performance for the four previous quarters, management feels confident in forecasting first quarter 1997 earnings of $.50 per share, a 25% increase from the previous quarter. Combined total sales activity for the company's three divisions, Chemical Burn Cleansing Solutions, Collectible collectible An asset of limited supply that is sought for a variety of reasons including, it is hoped, an increase in value. Stamps, antiques, coins, and works of art are among the many things usually classified as collectibles. and Fine Art and Network Marketing, have increased 740% over the previous year. Increased sales of the Collectible and Fine Art Division, up 1,975% over the previous year, and Network Marketing Division, up 310%, most significantly impacted the improved performance. Increased sales can also be attributed to the company's newest division, Acquisitions and Consulting Division. This division attributed to 12% of 1996 total sales. Although the outlook for all four divisions is positive, the company expects this newest division to most significantly impact future sales growth. Throughout 1997 the company plans to actively acquire commercial real estate, small growth oriented o·ri·ent n. 1. Orient The countries of Asia, especially of eastern Asia. 2. a. The luster characteristic of a pearl of high quality. b. A pearl having exceptional luster. 3. companies and other sizable siz·a·ble also size·a·ble adj. Of considerable size; fairly large. siz  a·ble·ness n. assets.
Stock of the company is traded on the NASD NASD See: National Association of Securities Dealers NASD See National Association of Securities Dealers (NASD). Bulletin Board under the symbol "DHMK" and opened for trading January 4, 1996 at $5 per share. Stock of the company closed December 31, 1996 at 28 1/2 per share after reaching a 52 week high of 32 7/8 approximately two weeks prior to year end. Management has forecast a 3 for 1 stock split to occur at the end of the first quarter and a move to the 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 Small Cap later in the year. CONTACT: D. H. Marketing & Consulting Inc. David D. Hagen, President Bud Walker, Vice President, Investor Relations Investor relations The process by which the corporation communicates with its investors. 800/786-9613 702/735-7535 or 717/296-8515 |
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