H. Paulin & Co., Limited Financial Results For Period Ending June 30, 2012
TORONTO, Aug. 9, 2012 /CNW/ - At the H. PAULIN & CO., LIMITED Board of Directors meeting held August 9, 2012, the following financial results for the second quarter ended June 30, 2012 were released. Shown are 2011 comparisons.
SECOND QUARTER ENDED JUNE 30TH | ||||
2012 | 2011 | |||
Sales | $ | 42,982,000 | $ | 40,083,000 |
Income Before Taxes | $ | 4,478,000 | $ | 3,309,000 |
Net Income | $ | 3,272,000 | $ | 2,360,000 |
Basic Earnings per share | $ | 1.00 | $ | 0.72 |
Diluted Earnings per share | $ | 0.99 | $ | 0.71 |
The following results are for the six months ended June 30, 2012. Shown are 2011 comparisons.
SIX MONTHS ENDED JUNE 30TH | |||||
2012 | 2011 | ||||
Sales | $ | 78,791,000 | $ | 73,929,000 | |
Income Before Taxes | $ | 6,042,000 | $ | 3,690,000 | |
Net Income | $ | 4,367,000 | $ | 2,621,000 | |
Basic Earnings per share | $ | 1.33 | $ | 0.80 | |
Diluted Earnings per share | $ | 1.32 | $ | 0.79 |
The Company celebrated being listed on the Toronto Stock Exchange for 40 years by opening the stock exchange on August 2, 2012.
H. Paulin & Co., Limited is a leading Canadian manufacturer and merchandiser of bolts, nuts, screws and fluid system components for the retail hardware, industrial and automotive markets.
Additional information about H. Paulin & Co., Limited, including its Annual Information Form (AIF) and annual and interim consolidated financial statements, is available on the System for Electronic Document Analysis and Retrieval (SEDAR) website at www.sedar.com.
H. PAULIN & CO., LIMITED
"Murray Mateyk"
___________________
Murray Mateyk, Chief Financial Officer
SOURCE: H. Paulin & Co. Limited
55 Milne Avenue
Toronto, ON M1L 4N3 Canada
Telephone (416) 694-3351 Fax (416) 694-2916
Toll Free 1-800-268-4000
Website www.hpaulin.com
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