Here it is, $432K or 0.06 for the 4thQ..Scott
Year end earnings 27 cents per share
Hyduke Capital Resources Ltd HYD
Shares issued 7,464,000 Aug 4 close $1.92
Wed 5 Aug 98 News Release
Mr. John Babic reports
For the year ended April 30, 1998, gross revenues of $30.3-million compare
to $15.1-million for the previous year. Net income for the year was
$2.0-million compared to $0.8 in 1997.
As a result, Hyduke's earnings per share for the fiscal year-end 1998 were
46 cents (before amortization, interest and taxes) and 27 cents compared to
28 cents and 15 cents, respectively for the same period last year. Also
during the year, Hyduke assets grew to $11.5-million from $5.0-million at
April 30, 1997. Share capital increased to $1.3-million from $0.8-million
while retained earnings increased more than 300 per cent to $2.8-million at
year end April 30, 1998.
The consolidation of Hyduke's three principal divisions has been
accomplished although identifying and implementing further efficiencies is
continuing.
FINANCIAL HIGHLIGHTS
Year ended April 30
(in thousands of dollars)
1998 1997
Total revenue $ 30,293 $ 15,107
Gross profit 4,776 2,133
Expenses 1,401 660
Earnings before
amortization,
interest and taxes 3,433 1,485
Net earnings 2,000 840
Earnings per share
before amortization,
interest and taxes 46 cents 28 cents
Earnings per share 27 cents 15 cents
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