Kerm, attached is a release by Maxx that I missed, it was on
Stockwatch and not quite sure what to think of it since it was not
distributed through reg channels. Scott
Maxx Petroleum Ltd -
Maxx Petroleum Ltd MXPShares issued 538216301998-02-10 close $1.82Tuesday Feb 10 1998
STATEMENT OF EARNINGS
Three months ended November 30
($ 000's)
1997 1996
Sales $ 42,204 $ 26,686
Operating expenses 34,915 21,521
Depreciation,
amortization,
financial expenses,
& R&D costs 2,624 1,788
-------- --------
37,539 23,309
-------- --------
Income before
income taxes 4,665 3,377
Income taxes 1,690 1,286
-------- --------
Net income $ 2,975 $ 2,092
======== ========
Income per share $0.16 $0.13
STATEMENT OF EARNINGS
Nine months ended November 30
($ 000's)
1997 1996
Sales $132,242 $ 81,994
Operating expenses 107,512 65,560
Depreciation,
amortization,
financial expenses,
& R&D costs 7,842 5,787
-------- --------
115,354 71,347
-------- --------
Income before
income taxes 16,887 10,647
Income taxes 6,114 3,905
-------- --------
Net income $ 10,773 $ 6,742
======== ========
Income per share $0.60 $0.42
(c) Copyright 1997 Canjex Publishing Ltd. canada-stockwatch.com |
