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Article: AMS Homecare Reports Q1 Net Income Climbs 60.5%; Sales Up 55.7%.
- Article from:
- PR Newswire
- Article date:
- July 15, 2004
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-- Company Benefits From Increased Sales, Expanded Product Line
-- AMS Poised for Expansion Into U.S.
AMS Homecare Inc. (OTC Bulletin Board: AHCKF; TSX-V: AHC), citing increased sales in its core business and benefits of its expanded product line, today reported first-quarter net income climbed 60.5 percent to CDN$334,971, or CDN$0.01 per diluted share, from CDN$208,664, or about break-even per share, a year earlier. Sales for the quarter ended May 31, 2004, increased 55.7 percent to CDN$1,960,515 from CDN$1,259,275.
"We continue to benefit from our strategy of enhancing marketing efforts and expanding our product line," said Harj Gill, chief ...