Dryclean USA reports record revenues.(ALLIED TRADE NEWS)(Financial report)
American Drycleaner, May, 2007
Dryclean USA Inc. reported record revenues and earnings for the six-month period ending Dec. 31, 2006. Revenues increased by 42.3% to $12.3 million from $8.6 million for the same period of fiscal 2006. Net earnings increased 12.8% to $429,958, or $.06 per diluted share, compared to net earnings of $381,206, or $.05 per diluted share, for the same period of fiscal 2006.
"The company has performed exceedingly well during the first six months of fiscal 2007, reaching record revenues and profits," says Venerando Indelicato, CFO of Dryclean USA. "We are happy with the increased revenues and look forward to a successful second half of the fiscal year."
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