Announces Shareholder Meeting
Financial highlights for the three months ended
- Total revenue of
$957,447 compared to$596,455 , an increase of 60.5% - Gross Margin of
$743,719 compared to$467,773 an increase of 59.0% - Operating profit of
$123,599 compared to a loss of$67,978 representing an increase to profitability of$191,577
Profitability was strongly enhanced by a year's long effort in reconfiguring the Company's structural costs and a tight focus on this year's operations. The Company saw those efforts pay off with decreased consulting fees and information technology costs which positively affected the bottom line. The complete financials can be found at www.kelyniam.com.
Chief Operating and Revenue Officer,
The company also announced the date of the annual Shareholder Meeting which will be held on
As a cautionary note to investors, certain matters discussed in this press release are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such matters involve risks and uncertainties that may cause actual results to differ materially, including the following: changes in economic conditions; general competitive factors; the Company's ability to execute its service and product sales plans; changes in the status of ability to market products; and the risks described from time to time in the Company's
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