SWE CN: Third Quarter Financial Results 6/1/99 13:57
99/06/01 Market News Publishing Inc. No: 000280
SILENT WITNESS ENTERPRISES LTD ("SWE-TV") - Third Quarter Financial Results
Silent Witness Enterprises Ltd. is pleased to announce its unaudited financial results for the third quarter ending April 30, 1999. Revenues increased by 55% to $8,349,419 (CDN) from the same period last year. Net Income (after taxes) increased by 107% to $1,027,522 from the same period a year ago. This represents basic EPS of $0.17 or fully diluted EPS of $0.15 for the quarter.
//st Financial Highlights for Third Quarter Ending April 30, 1999
3 months to April 30, 1999 Year Ago
Revenue $8,349,419 $5,404,113 Net Income $1,027,522 $ 495,706 Basic EPS $0.17 $0.09 Fully Diluted EPS $0.15 $0.07
9 months to April 30, 1999 Year Ago
Revenue $23,539,475 $14,438,864 Net Income $ 2,864,330 $ 1,301,656 Basic EPS $0.47 $0.24 Fully Diluted EPS $0.41 $0.20
//et Silent Witness Enterprises Ltd. is a Surrey, B.C, based technology company producing innovative surveillance cameras for global markets. Approximately 85% of sales come from established distribution channels in the United States and Western Europe. The Quarterly Report will be available by mid June 1999 both in printed form and on the website. Please contact Linda Taylor if you wish to receive a copy of the printed form. For further information on Silent Witness visit our website at silent-witness.com or call 1-800-877-2407.
TEL: (604) 574-1526 R.K. (ROB) BAKSHI, Chairman, President & CEO TEL: (800) 877-2407 Internet: www.silent-witness.com |