Gensci Regeneration Sciences Inc. (GNS) Message Board

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Gold/Mining/Energy : Gensci Regeneration Sciences Inc. (GNS)

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To: Jose Kranz who wrote (191)	8/10/1999 7:19:00 AM
From: Andras	Read Replies (1) of 225

GenSci reports revenues doubled for 1999 second quarter. newswire.ca 'Revenues more than doubled from the same period a year ago, and grew 17% from the first quarter of 1999, prior to the impact of changes in foreign exchange rates,'' said Dr. James DeMesa, President and Chief Operating Officer. ''We are pleased with how our revenues continue to grow in this increasingly competitive market. Further growth should result from the introduction of several products beginning in the third quarter and an expanded sales force throughout the remainder of the year. ''With the growth in sales and tight cost controls, total operating expenses decreased substantially as a percent of sales for the second quarter and first half of the year,'' continued Dr. DeMesa. ''We are focused on future profitability while recognizing the need to ensure the infrastructure is in place for a business growing as rapidly as ours.' Gensci is on target to be profitable; watch the price grow! Happy investing, andras

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