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Article: Ronson Releases President's Review Letter From its 2005 Annual Report.
- Article from:
- PR Newswire
- Article date:
- May 17, 2006
CopyrightCOPYRIGHT 2006 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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SOMERSET, N.J., May 17 /PRNewswire-FirstCall/ -- Ronson Corporation . Ronson Corporation (the "Company") today released the May 12th letter from its 2005 Annual Report by Louis V. Aronson II, President and C.E.O. The Company's shareholders are expected to receive the Ronson Corporation 2005 Annual Report early next month. The President's Review is as follows:
May 12, 2006
Dear Shareholder:
Last year's fourth quarter was profitable, but was not sufficient to offset a nonrecurring one-time loss on the sale in September 2005 of Ronson Aviation, Inc.'s (Ronson Aviation's) charter business and Citation II jet. Without this sizable $591,000 ...