Aerocast Announces $2 Million Year-End Revenues
(firmenpresse) - Aerocast Announces $2 Million Year-End Revenues
July 29, 2010: Aerocast Inc. (CNSX: A; Frankfurt Stock Exchange: 0AE; www.aerocastinc.com) announces that it has SEDAR filed its audited financial statements and related management’s discussion and analysis for the fiscal year ended March 31, 2010, which state that the company realized revenues of $ 2,186,462 for the year ended March 31, 2010, up 52% from revenues of $1,437,777 for the previous year. The company’s gross margins for the year before foundry expenses and G&A expenses totaled $634,504, compared to gross margins of $488,235 for the previous year.
About Aerocast Inc.
Aerocast operates a high-growth sand-casting foundry that produces complex aluminum and magnesium castings primarily for the aerospace industry. Customers include Honeywell Aerospace, Hamilton Sundstrand, Sikorsky Aircraft and Shimadzu Precision Instruments. Aerocast is experiencing high demand for its products and has limited competition.
For more information, contact:
Raynard von Hahn, LLB
Chief Executive Officer
Tel. (480) 830-0848 ext. 108
E-mail: raynard.vonhahn (at) aerocastinc.com,
Website: www.aerocastinc.com.
Neither the Canadian National Stock Exchange nor its regulation services provider has reviewed or accepted responsibility for the adequacy or accuracy of the content of this news release.
Not for Distribution in the United States or to U.S. Persons.
If you would like to receive regular updates on Aerocast please send your email request to info(at)aerocastinc.com.
Leseranfragen:
Aerocast Inc.
Aerocast Inc.
4811 E. Julep 122
Mesa, AZ 85205
USA
Tel. (480) 830-0848
Fax (480) 830-4321
info (at) aerocastinc.com This e-mail address is being protected from spambots. You need JavaScript enabled to view it
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Datum: 30.07.2010 - 12:23 Uhr
Sprache: Deutsch
News-ID 24532
Anzahl Zeichen: 0
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Town:
Wien
Kategorie:
Business News
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