TORONTO, May 10, 2012 /CNW/ - At the H. PAULIN & CO., LIMITED Board of Directors meeting held May 10, 2012, the following financial results for the first quarter ended March 31st, 2012 were released. Shown are 2011 comparisons.
|FIRST QUARTER ENDED MARCH 31ST|
|Income Before Taxes||$||1,564,000||$||381,000|
|Earnings per share||$||0.33||$||0.08|
The Company's results were prepared in accordance with International Financial Reporting Standards ("IFRS").
The Board of Directors' Board declared a dividend of $0.05 (five cents) per Class "A" share, payable June 18, 2012 to shareholders of record June 1, 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, Chief Financial Officer
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