Tricell Announces US$740 Million Revenue and US$6.7 Million Profit For First Half of 2006.
PR Newswire Europe, August, 2006
STAFFORDSHIRE, England, August 21 /PRNewswire/ --
Tricell, Inc. (OTC Bulletin Board: TCLL), today announced revenue for the first six months of US$740.9 million. This compares to US$276.8 million in revenue for the same period in 2005. Profit for first half of 2006 was US$6,776,389, as compared to a net loss of US$162,038 for the same period in 2005. The increase in revenue 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, our reduced cost of capital, and a one time gain of US$3,620,523 realized on net liabilities written off from liquidated subsidiaries.
Tricell generated revenue of...
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