DCPCF<------------Chinese toilet paper, so you know it has an affinity to turd nuggets.( grossness left in for sheer entertainment value )
Paper Corporation; Results In Line with Management's Expectations
HONG KONG, March 17 /PRNewswire/ -- In its continuing effort to openly
communicate with its shareholders and other members of the investment
community, Hong Kong-based Dransfield China Paper Corporation (Nasdaq: DCPCF)
("Dransfield") today announced financial results for the fiscal 1998 third
quarter and nine month period, both ended December 31, 1997.
Revenues for the quarter ended December 31, 1997 were $1.2 million,
resulting in a net, after-tax loss of $61,000 or ($0.00) per share, compared
to $3.2 million in revenues and net income of $77,000, or $0.08 per share, for
the same period in 1996. For the nine months ended December 31, 1997,
revenues totaled $6.1 million, and the company recorded a net loss of
$315,000, or ($0.02) per share, as compared to revenues of $14.8 million and
net income of $126,000, or $0.13 per share, for the same nine month period in
1996.
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