Hawks Industries, Inc. is engaged the environmental testing business, focusing on air quality testing. HAWK also invests in oil and gas producing properties. For the three months ended 3/31/98, revenues decreased 8% to $504 thousand. Net loss decreased 49% to $39 thousand. Revenues suffered from lower oil and gas production and a decreased in the price per barrel of oil. Lower loss reflects the benefits of cost cutting efforts in the environmental engineering segment.
This company did a reverse split last February and has made several changes in management. Forecast looks promising...see latest earnings report:
biz.yahoo.com
Hawks Industries Posts $0.11 2Q EPS vs. $0.04 Loss
-pam |