Silent Witness announces second quarter results
VANCOUVER, Mar. 1 /CNW/ - Silent Witness Enterprises Ltd. (SWE.TSE) is
pleased to announce its unaudited financial results for the second quarter
ending January 31, 1999. Revenues increased by 73% to $7,483,433 (CDN) from
the same period last year.
Net Income (after taxes) increased by 132% to $900,009 from the same
period a year ago. This represents basic EPS of $0.15 or fully diluted EPS of
$0.13 for the quarter.
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Financial Highlights for Second Quarter Ending January 31, 1999
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3 months to January 31, 1999 Year Ago
Revenue $7,483,433 $4,331,741
Net Income $ 900,009 $ 388,309
Basic EPS $0.15 $0.07
Fully Diluted EPS $0.13 $0.06
6 months to January 31, 1999 Year Ago
Revenue $15,190,076 $9,034,751
Net Income $ 1,836,808 $ 805,950
Basic EPS $0.30 $0.15
Fully Diluted EPS $0.26 $0.12
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Silent Witness Enterprises Ltd. is a Surrey, B.C. based technology
company producing innovative surveillance cameras for global markets.
Approximately 85% of sales come from established distribution channels in the
United States and Western Europe. The Quarterly Report will be available by
the end of March 1999, please contact Linda Taylor to receive a copy. For
further information on Silent Witness visit our website at
silent-witness.com or call 1-800-877-2407
THE TSE NEITHER APPROVES NOR DISAPPROVES OF THIS NEWS RELEASE.
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For further information: R.K. (Rob) Bakshi, Chairman, President & CEO
(604) 574-1526 or (800) 877-2407 |
