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Gold/Mining/Energy : Kasten Chase (KCA/TSE): Buy it!

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To: Perry who started this subject10/25/2001 6:39:16 PM
From: Cush  Read Replies (1) of 193
 
Ya gotta love this. Third Quarter Financials are out.

biz.yahoo.com

Kasten Chase Reports Nine Month Profit Of $5.7 Million

The company reported that its Q3 2001 revenues were up 123% over the same period of the previous year. Revenues for the first nine months of 2001 improved 91% when compared to the first nine months of the previous year.

The profitability trend begun in Q1 2001 continued, resulting in a net profit for Q3 2001 of $4.65 million or $0.09 per share. This represents a significant improvement over the Q2 2001 profit of $0.22 million and the Q3 2000 loss of $0.81 million.

The company once again closed the quarter with an extremely strong balance sheet, showing $28.33 million in cash and no debt, an increase of 29.4% over the close of Q2 2001.
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