Friedman Industries, Incorporated Announces Second Quarter Results

Business Wire,  Nov 14, 2007  

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HOUSTON -- Friedman Industries, Incorporated (AMEX:FRD), a Houston-based company engaged in pipe manufacturing, steel coil processing and steel and pipe distribution, announced today its results of operations for the second quarter. For the quarter ended September 30, 2007, the Company recorded net earnings of $920,886 ($0.14 per share diluted) on sales of $41,154,571. During the quarter ended September 30, 2006, the Company recorded net earnings of $2,267,863 ($0.34 per share diluted) on sales of $51,629,944.

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