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envirostar inc evi 3q fy0392011 results increased revenues and earnings
Bookmarked 795 weeks ago dry cleaning is a multi-billion dollar industry that has time and again proven to be recession proof clothing will always be in need of cleaning furthermore dry cleaning is a cash and carry business which does not require investing funds in extensive inventoryaccording to us news ampamp world report dry cleaning is one of ten fields that do not sound glamorous but often may make their owners millionaires why because there039s never a shortage of dirty clothes every day millions of consumers take their clothing to a dry cleaner thousands of new types of garments are labeled dry clean only which has created an industry estimated to generate 6 to 7 billion a yeari039m christina collins with crwe newswire today039s company highlight is envirostar incorporated trading with the symbol evienvirostar incorporated through its subsidiaries is one of the nation039s leading distributors of industrial laundry dry cleaning machines and steam boilers its subsidiary dryclean usa license corporation is one of the largest franchise and license operations in the dry cleaning industry in the united states the caribbean and latin americaenvirostar incorporated recently reported revenues and earnings for the nine and three month periods ended march 31 2011for the nine month period of fiscal 2011 revenues increased by 75 to 14882829 compared to the same period of fiscal 2010 net income increased by 414 to 305907 or 04 per share compared to the same period of fiscal 2010for the third quarter of fiscal 2011 revenues were 4764570 an increase of 164 from the comparable period of fiscal 2010 net income for the current year period was 91841 or 01 per share an increase of 388 compared to the same period of fiscal 2010for more information about envirostar incorporated symbol evi visit envirostarinccom i039m christina collins with crwe newswirethis is not a recommendation to buy or sell any securitydisclaimer: never invest in any stock featured on our site or emails unless you can afford to lose your entire investment crwenewswirecom publisher and its affiliates and contractors are not registered investment advisers or brokerdealersour disclaimer read more at http:wwwcrwenewswirecomdisclaimer is to be read and fully understood before using our site reading our newsletter or joining our email list release of liability: through use of this website viewing or using you agree to hold crwenewswirecom report and crown equity holdings inc crwe its operators shareholders employees andor contractors harmless and to completely release them from any and all liability due to any and all loss monetary or otherwise damages monetary or otherwise that you may occur rule 17b requires disclosure of payment for investor relations crown equity holdings inc crweob is a newswire as well as an ir and pr firm crown equity holdings inc crweob in some cases provides media advertising and public awareness for both public and private companies as well as disseminating news as such in some cases when crown equity holdings inc crweob advertises for a particular client crown equity holdings inc crweob charges an advertising fee which it must disclose under 17b the fee may be in cash in free trading stock or in restricted stock crown equity holdings inc crweob if paid in stock can and may sell those securities during the advertising period |
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