PROMATEK INDUSTRIES REPORTS FINANCIAL RESULTS
PROMATEK INDUSTRIES REPORTS FINANCIAL RESULTS MONTREAL, Nov. 12 /PRNewswire/ -- Promatek Industries Ltd.
("Promatek") today reported a dramatic turnaround in the profitability of operations for its year ending June 30, 1991.
From a consolidated net loss of $1,723,000 or $0.49 per share in 1990, Promatek has posted a consolidated net income of $51,000 or $0.02 per share for the year ending June 30, 1991. Sales for the year ending June 30, 1991 amounted to $5,464,000 as compared to $6,391,000 in 1990. Promatek also announces the introduction of its Vision 3000 lift task, postural and range of motion analysis system. This system evaluates three major areas of concern in the workplace: lift task capability, upper body posture analysis and range of motion studies and impairment ratings. The Vision 3000 system has been developed to assist industry in reducing the billions of dollars lost annually due to back injuries and cumulative trauma disorders. -0- 11/12/91 /CONTACT: Harvey Kofsky of Promatek, 514-737-7747/ CO: Promatek Industries Ltd. ST: Quebec IN: SU: ERN JT -- NY094 -- 3673 11/12/91 17:42 EST
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|Date:||Nov 12, 1991|
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