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Gold/Mining/Energy : Magellan Aerospace Corp (MAL) New Listing -- Ignore unavailable to you. Want to Upgrade?


To: Anthony Wong who wrote (357)3/9/1998 10:56:00 AM
From: Dennis Lefebvre  Read Replies (1) | Respond to of 633
 
Hi all,

As a friend pointed out, that if you look at Non recurring gains for 1996 then the .32 a share for 1998 is a considerable gain. Look for a spectacular year for 1998 as the new engine business roles in.

1997 1996

Revenue 256,276 136,657

Operating

Income (loss) 16,064 (810)

Non recurring
gains - 20,209 (2)

Income 15,536 19,024 (2)

Income per
share 0.32 0.48

This .48 for 1996 would've been a loss without the Non recurring gains.

Den