Article: North American Technologies Group, Inc. Announces $272,802 Quarterly Profit.(Financial report)

North American Technologies Group, Inc. (BULLETIN BOARD: NAMC) , world leader in engineered composite railroad ties, announced a $272,802 quarterly profit for the third quarter of the Company's fiscal year that ends September 28, 2008. This is the Company's second consecutive quarterly profit. The profit of $272,802 resulted from $8.1 million of revenue for the quarter (a $2,340,973 or 41% increase in revenue over the same quarter of last year). The increase in revenues of $2,340,973 resulted from a 13% increase in the number of ties sold and a 25% increase in the average sales price of ties. For the quarter the Company achieved a gross profit of $2,418,421 compared to a ...

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