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CENCOTECH REPORTS RESULTS OF OPERATIONS FOR THE SECOND QUARTER, APRIL 30TH, 2011
Jun. 29, 2011 (Canada NewsWire Group) -- TORONTO, June 29, 2011 /CNW/ - Cencotech Inc. (TSXV...
About this update from Namsys Inc.
[{"type":"text","content":"\n\n\n Jun. 29, 2011 (Canada NewsWire Group) -- \n\n#ReleaseContent TABLE\n{\n BORDER-COLLAPSE: collapse\n}\nTR.cnwUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTR.cnwDoubleUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTR.cnwBoldUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px solid\n}\nTD.cnwUnderlinedCell\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTD.cnwDoubleUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTD.cnwBoldUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px solid\n}\n#ReleaseContent TABLE.cnwBorderedTable TD\n{\n BORDER-RIGHT: black 1px solid;\n PADDING-RIGHT: 2px;\n BORDER-TOP: black 1px solid;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n BORDER-LEFT: black 1px solid;\n PADDING-TOP: 2px;\n BORDER-BOTTOM: black 1px solid;\n BORDER-COLLAPSE: collapse\n}\n#ReleaseContent TABLE TD\n{\n PADDING-RIGHT: 2px;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n PADDING-TOP: 2px\n}\n\n\nTORONTO, June 29, 2011 /CNW/ - Cencotech Inc. (TSXV: CTZ) today reports the results of operations for the first six months of\n fiscal 2011, ended April 30th. All amounts referenced herein are in\n Canadian dollars. Revenue for the second quarter was $296,556 as\n compared to $527,844 for the same period last year. A loss for the\n quarter of $15,612 ($0.00 per share) was recorded as compared to a loss\n from operations of $25,193 ($0.00 per share) for the three months ended\n April 30th, 2010.\n\n\nRevenue for the first six months of fiscal 2011 was $552,640 as compared\n to revenue in the same period last year of $1,041,261. The Company\n recorded a loss of $69,225 ($0.00 per share) in the six months ended\n April 30th, 2011 as compared to a profit of $97,643 ($0.00 per share) in the same\n period last year.\n\n\nK. Barry Sparks, the President of Cencotech, stated "Previously we have\n noted that the Company is making solid progress in moving new product\n sales opportunities forward, particularly with respect to our Currency\n Controller and related software offerings. It remains our belief that\n this horizon is moving ever closer with the number of proposals\n outstanding to potential customers at the present time leading us to\n maintain our optimism that significant sales gains should be\n forthcoming through the completion of transactions in the foreseeable\n future. In the interim, the sale results fo...