Printer Friendly

BRAINERD INTERNATIONAL, INC. REPORTS RECORD EARNINGS FOR 1992

 MINNEAPOLIS, March 31 /PRNewswire/ -- Brainerd International, Inc. (NASDAQ: BIRI) (BII), owner and operator of Brainerd International Raceway, a multi-purpose motorsports facility in north central Minnesota, reported record earnings for 1992.
 The company had net income of $228,869, or $.82 per share on revenues of $1,884,936 for the year ended Dec. 31, 1992. This compares to 1991 year-ended earnings of $104,225 or $.38 per share on revenues of $1,730,737. The company reported a $506,711 net loss in 1990.
 "We have made great progress since 1990," said Gene Snow, chairman and chief executive officer of BII. Snow also said the company is planning to make substantial improvements to Brainerd Raceway for the 1993 season, and is anticipating another strong year with the addition of the American Speed Association (ASA) stock car race (June 26-27).
 The company's common shares are traded on the national over-the- counter market under the NASDAQ symbol BIRI. Corporate headquarters is located in Minneapolis.
 BRAINERD INTERNATIONAL, INC.
 1992 EARNINGS REPORT
 Year Ended
 12/31/92 12/31/91 12/31/90
 Revenues $1,884,936 $1,730,737 $1,580,736
 Net income (loss) $228,869 $104,225 $(506,711)
 Net income (loss) per share $.82 $.38 $(1.87)
 -0- 3/31/93
 /CONTACT: Richard L. Roe of BII, 612-475-1500/
 (BIRI)


CO: Brainerd International, Inc. ST: Minnesota IN: SU: ERN

KH -- MN008 -- 1597 03/31/93 14:46 EST
COPYRIGHT 1993 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1993 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Mar 31, 1993
Words:237
Previous Article:COMMUNITY FIRST BANKSHARES COMPLETES PURCHASE OF MORRIS BANK
Next Article:HEALTHSOURCE ANNOUNCES CLOSING OF MERGER WITH SOUTH CAROLINA AFFILIATE
Topics:


Related Articles
BRAINERD INTERNATIONAL REGISTRATION STATEMENT DECLARED EFFECTIVE
BRAINERD INTERNATIONAL, INC. ANNOUNCES LACK OF EXPLANATION FOR INCREASE IN STOCK PRICE
BRAINERD INTERNATIONAL, INC. ANNOUNCES CHANGE IN CONTROL AND MANAGEMENT
BRAINERD INTERNATIONAL, INC. ANNOUNCES PROPOSED BUSINESS COMBINATION WITH THE COLONEL'S, INC.
BRAINERD INTERNATIONAL, INC. BOARD APPROVE ACQUISITION OF THE COLONEL'S INC.
BRAINERD INTERNATIONAL, INC. FILES REGISTRATION STATEMENT FOR ACQUISITION OF THE COLONEL'S, INC.
BRAINERD INTERNATIONAL, INC. ANNOUNCES MEETING OF SHAREHOLDERS
BRAINERD INTERNATIONAL SHAREHOLDERS APPROVE ACQUISITION
The Colonel's International Reports Third Quarter Results
Brainerd International Raceway Sees Growth After Very Successful Racing Season

Terms of use | Copyright © 2016 Farlex, Inc. | Feedback | For webmasters