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Gold/Mining/Energy : Yogen Fruz IT'S ALIVE, IT'S ALIVE -- Ignore unavailable to you. Want to Upgrade?

To: Peter Ziebart who wrote (1030)	1/21/1999 9:10:00 AM
From: CIMA	Respond to of 2453

International Yogurt Reports Income Up 62% for the Year PORTLAND, Ore., Jan. 21 /PRNewswire/ -- International Yogurt Company (Nasdaq: YOCM - news), Portland manufacturer and wholesaler of YOCREAM® frozen desserts, snacks, and beverages issued its results for the quarter and fiscal year, ended October 31, 1998, and again reported record sales and profits. Fourth quarter revenues of $3,128,408 were up 42%, and earnings of $203,228 were up 102% over the same quarter last year. Annual revenues of $10,206,524 were up 18%, and earnings of $702,703 were up 62% over last year. ''The trend continues,'' John Hanna, Chairman and CEO stated. ''Revenue increased over 35% for the first two months of the current quarter. New markets have been penetrated with new products that we believe will keep driving us ahead.'' 4th QUARTER, OCTOBER 31 1998 1997 Revenues $3,128,408 $2,210,664 Net Income 203,228 100,403 Per Share .08 .04 YEAR ENDED, OCTOBER 31 1998 1997 Revenues $10,206,524 $8,677,547 Net Income 702,703 433,546 Per Share .30 .19 Visit the Company's web site at www.yocream.com. SOURCE: International Yogurt Company ------------------------------------------------------------------------ More Quotes and News:International Yogurt Co (Nasdaq:YOCM - news)Related News Categories: earnings, food/beverage