Consolidated American Industries more than triples gross margin: CDMJ, CHIC, MNC, SCHL.

0 Comments | M2 Presswire, July, 2005

M2 PRESSWIRE-22 July 2005-InvestSource Inc.: Consolidated American Industries more than triples gross margin: CDMJ, CHIC, MNC, SCHL(C)1994-2005 M2 COMMUNICATIONS LTD RDATE:22072005 Stocks in the News: Consolidated American Industries (Other OTC: CDMJ), Charlotte Rusee Holding Incorporated (NASDAQ: CHIC), Monaco Coach Corporation (NYSE: MNC), Consolidated American Industries (Other OTC: CDMJ) reported that gross margin was $3.34 million for the first half of 2005, as compared to $1.21 million for the year ending December 31, 2004.

Gross margin percentage was also higher, climbing from 11.02 in 2004 to 35.3 for the six months ending June 30, 2005. Net income for this same period was $1.36 million, up $1.62 million from last year's net operating loss of...