Business
Record revenue for Omni-Lite
Record revenue for Omni-Lite.
About this update from Omni-lite Industries Canada Inc.
[{"type":"text","content":"\n\n\n\n\nOML-TSX Venture Exchange\n\nCERRITOS, CA, July 8 /CNW/ - Omni-Lite Industries Canada Inc. is pleased\nto announce that revenue for the quarter ended June 30, 2005 was approximately\n$1,039,000 ($1,276,619 CDN), a 22% increase over the second quarter of 2004.\nRevenue for the first half of 2005 was approximately $1,962,660\n($2,415,520 CDN), an increase of 28% over the same period last year.\n\"With a record first quarter and record second quarter revenues, \nOmni-Lite will be looking forward to strong third quarter and year end,\"\nstated David F. Grant, CEO. \"This year the Aerospace division has led the\ngrowth, as many of the R&D projects completed last year are beginning to add\nto the revenue stream. Further growth will be fueled by the new contracts\nreceived this year.\"\n\nOmni-Lite is a rapidly growing high technology company that develops and\nmanufactures precision components utilized by 140 companies including Boeing,\nAirbus, Alcoa, Daimler-Chrysler, the U.S. Military, Nike, adidas and Reebok.\n\nExcept for historical information contained herein this document contains\nforward-looking statements. These statements contain known and unknown risks\nand uncertainties that may cause the company's actual results or outcomes to\nbe materially different from those anticipated and discussed herein.\n\nWebsite: www.omni-lite.com\n\n THE TSX-VENTURE EXCHANGE NEITHER APPROVES NOR DISAPPROVES OF THE\n INFORMATION CONTAINED HEREIN.\n\n\n\n","length":1539,"tagName":"div"}]