RICHMOND HILL, ONTARIO, Dec 19, 2008 (MARKET WIRE via COMTEX) ----BFS Entertainment & Multimedia Limited (TSX VENTURE: BFS) of Richmond Hill, Ontario announces its unaudited consolidated monetary and operating results for the aide-de-camp locale ended November 1, 2008. Sales for the initially six months were $4,737,836 compared to $4,630,256 stay year, a 2% increase. Net and encompassing return for the gold six months was $27,644 ($0.00 per share) compared to $150,504 ($0.02 per share) for the same days aftermost year.
Sales for the duplicate area were $2,770,740 compared to $2,679,554 during the same section hold out year, a 3% increase. Net and sweeping gain for the minute forgiveness was $184,797 ($0.02 per share) compared to $93,794 ($0.01 per share) in the same location terminating year. Denis B.E. Donnelly, President and CEO stated, "In rancour of the deepening U.S. downturn and pandemic pecuniary crisis, we have been best-selling in maintaining our interest base.
As the womanhood of our customers are in the U.S., the new weakening Canadian dollar against the United States dollar will have a well-disposed burden on our sales. Our green marketing initiatives are progressing as anticipated and we are secure that they will have a practical influence on 2009 revenues and take in the jiffy half of the year.
" ----------------------------------------------------------------------- ----- ----------------------------------------------------------------- ----------- FINANCIAL HIGHLIGHTS (unaudited and not reviewed by Twenty-six Twenty-six Thirteen Thirteen an auditor) Weeks Ended Weeks Ended Weeks Ended Weeks Ended Nov. 1, 2008 Nov. 3, 2007 Nov. 1, 2008 Nov. 3, 2007 ---------------------------------------------------------------------------- Sales $ 4,737,836 $ 4,630,256 $ 2,770,740 $ 2,679,554 Income before receipts taxes 49,920 246,448 284,957 144,868 Income taxes 22,276 95,944 100,160 51,074 Net and encyclopaedic revenue 27,644 150,504 184,797 93,794 Basic and diluted proceeds per cut $ 0.00 $ 0.02 $ 0.02 $ 0.01 ---------------------------------------------------------------------------- ---------------------------------------------------------------------------- BFS is a recognised unrestrained maker and distributor of residency video with intelligence berth in Toronto, Ontario and sales duty in Los Angeles, California.
BFS acquires upper-class rights to movie and video programming for snug harbor video allotment and disseminate where applicable. Distribution rights are obtained by license, possession and co-production from various undecided moving picture and goggle-box programme companies. These programming rights are developed into profoundly video products for North American allocation and where applicable, are licensed internationally.
Programming includes prototypical dramas, mystery, comedy, sports, documentaries and well-being and wellness and is sold under the BFS Video, American Home Treasures and Bodhi Lifestyle(TM) brands. North American division is through federal retailers, distributors, correspondence for companies and BFSAE honest to consumer division. BFSAE procedure is to maintain to come by experimental programming and to open its proprietary set development, supranational circulation and call the shots to consumer electronic delivery.
With all due respect to site: here
No comments:
Post a Comment