Devjo Industries Inc. Announces 1995 Third Quarter Results.MARKHAM Markham City (pop., 1991: 154,000), southeastern Ontario. It is situated on the Rouge River, northeast of Toronto. Settled in 1794, the town was named for William Markham, archbishop of York. It annexed the nearby township of Markham in 1971. , Ontario--(BUSINESS WIRE)--Oct. 26, 1995--DEVJO INDUSTRIES INC inc - /ink/ increment, i.e. increase by one. Especially used by assembly programmers, as many assembly languages have an "inc" mnemonic. Antonym: dec. . (TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). : DEV) Devjo Industries Inc. reports income from continuing operations continuing operations Parts of a business that are expected to be maintained as an ongoing segment of an overall business operation. Income and losses from continuing operations are reported separately if any segments have been discontinued during the of $319,452 on sales of $5,051,104 for the nine month period ended September, 1995 compared to income from continuing operations of $99,120 on sales of $4,195,651 for the same period last year. Net income for the nine month period ended September 30, 1995 was $319,452 compared to $112,375 for the same period in 1994. Income per share for the nine month period ended September 30, 1995 was 2.4 cents versus 0.8 cents for the same period in 1994. -0-
Nine Months Ended 1995 1994 Increase
September 30 $ $ Percent
--------- --------- --------
Sales 5,051,104 4,195,651 20.4
percent
Net income from
continuing operations 319,452 99,120 222.3
percent
Loss from sale of disc. operations, net - (9,193) - Income from discontinued operations, net - 22,448 -
Net Income 319,452 112,375 184.3
percent
Income Per Share (cents) 2.4 0.8 184.3
percent
Average number of shares
outstanding 13,263,333 13,283,186
Devjo is a TSE listed diversified diversified (di·verˑ·s manufacturing and holding company trades and under the trading symbol Trading symbol See: Ticker symbol DEV. CONTACT: Joseph A. Devine P.Eng., President 905/477-7689 INDUSTRY KEYWORD: MANUFACTURING EARNINGS REPEATS: New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of 212-575-8822 or 800-221-2462; Boston 617-236-4266 or 80 |
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