Tricell Announces Record US$5 Million Profit and US$383 Million Revenue for First Quarter of 2006.
PR Newswire Europe, May, 2006
STAFFORDSHIRE, England, May 16 /PRNewswire/ --
Tricell Inc. (OTC Bulletin Board: TCLL), announced record quarterly profit for the quarter ended March 31, 2006. Profit for this quarter was US$5,007,009, as compared to a net loss of US$87,108 for the same quarter last year. This represents an increase of 5848%. Tricell also generated revenue of US$383.5 million for the three months ended March 31, 2006 as compared to US$56.3 million for the same period in 2005, which is a 582% increase. The increase in revenues is the result of our expanded trading operations, which since June 30, 2005, includes the operations of our wholly owned subsidiary, Ace Telecom. Tricell's increased profit is the result of both our expanded operations, as well as our reduced cost of...
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