Reuters story - $3,534 loss vice preliminary report in March that showed a $41,437 profit.
Regards, Rick
Friday September 18, 5:11 pm Eastern Time
TVI posts loss for '97 year
NEW YORK, Sept 18 (Reuters) - TVI Corp. (OTC BB:TVIN -
news) said Friday that an independent audit indicated it posted a
net loss of $3,534 for the 1997 year.
In March, the company issued a preliminary report showing a profit of $41,347.
The audit report, which allows the company to meet filing requirements of the Securities Exchange Commission, also revealed slight differences for total revenue, operating income and other expenses.
Total revenue for the year ending Dec. 31 was $1,762,374 according to the audit. The March estimate for revenues was $1,706,449.
The operating loss was $100,618, the audit showed, compared to a loss of $79,896.
The independent audit posted other expenses of $96,984, compared to $121,243. |
