Heartland, Inc. Reports Second Quarter 2009 Results
-- $2.49 million gross profit margin -- Six month revenue from Heartland Steel $535,000 -- Secured $1.2 million line of credit.
Press Release Source: Heartland, Inc.
On Thursday August 20, 2009, 1:51 pm EDT
MIDDLESBORO, Ky., Aug. 20 /PRNewswire-FirstCall/ -- Heartland, Inc. (OTC Bulletin Board: HTLJ - News), a diversified company with businesses in steel warehousing and fabrication and petroleum retail and wholesale operations, reported revenue for the quarter of $22.8 million, compared to $6.2 million reported in the 2008 quarter. Operating income was ($43,730) compared to $416,578 in 2008.
finance.yahoo.com
Shares O/S 44.5M
Float 29.5M
Trailing P/E 4.6
The volume is very thin and they have long term debt of $13M. Otherwise, HTLJ appears to be a good buy @ the current price of .18 x .22. |
