HydroFlo Announces Net Income of Over $18 million for Fiscal Year 2005 Thursday October 13, 3:55 pm ET
RALEIGH, NC--(MARKET WIRE)--Oct 13, 2005 -- HydroFlo, Inc. (OTC BB:HYRF.OB - News) today announced the filing of its 10-K with year-end financial results, which was filed with the Securities and Exchange Commission. The Company reported a net asset increase (total assets less liabilities) to $23,067,969 as of June 30, 2005 from $2,432,344 for the same period last year. Total assets increased over ten times from June 30, 2004, and total liabilities increased from $1,781 last year to $2,154,580 this year. Net income for the fiscal year was $18,887,666, or $.52 per share on a fully diluted basis as well as a net asset value for the company of $.62 per share.
For additional information concerning the financial results for fiscal year 2005 please read the entire filing on form 10K, including the MD&A. Das ist der Hammer!! Ach ja SK war 1,17$ . Morgen ist der €€€€€ Geschichte. Prost und goods nächstle joker;-) |