Free press releases distribution network?

Agency / Source: ECON Corporate Services / InvestorIdeas.com™

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!



Gateway International Holdings Releases Record Financial Results for Q1 and Q2, 2005 - Gateway International Holdings, Inc. (OTC.PK: GWYI) has released numbers for the 3-month ended and 6-month ended periods of its current fiscal year.
Gateway International Holdings Releases Record Financial Results for Q1 and Q2, 2005

 

PRZOOM - /newswire/ - Anaheim, CA, United States, 2005/05/09 - Gateway International Holdings, Inc. (OTC.PK: GWYI) has released numbers for the 3-month ended and 6-month ended periods of its current fiscal year..

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Aviation/Aerospace Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

The numbers reflected in this release include the following subsidiaries: Elite Machine Tool Company, Eran Engineering, All-American CNC Sales, Accurate Technology, and Spacecraft Machine Products.

For the 3-month period covering October 1, 2004 thru December 31, 2004 the Company reported Total Sales totaling $3,123,356. Cost of Sales totaled $2,063,733, resulting in a Gross Profit of $1,059,623, a Gross Margin of 34%. Operating Expenses totaled $651,638, resulting in Pre-Tax Income of $407,985 for the quarter, a Pre-Tax Profit Margin of 13%.

For the 6-month period covering October 1, 2004 thru March 31, 2005 the Company reported Total Sales of $9,021,450. Cost of Sales totaled $5,981,283, resulting in a Gross Profit of $3,040,167, a Gross Margin of 34%. Operating Expenses totaled $1,914,846 and net miscellaneous expense totaled $136,101. For the first half of the year, Pre-Tax Income totaled $989,580, a Pre-Tax Profit Margin of 11%. The reported financials result in $0.025 Earnings per Share for the first six months.

Gateway International's CEO, Larry Consalvi, commented on the financial results. "We are certainly pleased with our results for the first half of the fiscal year as we surpassed last years Pre-Tax profit numbers in the first quarter of this year. We continue to strengthen our portfolio and hope to further improve our business, our competitiveness and our financial results during the second half of the year." He continued by saying, "The results of adding established businesses to our portfolio over the last 6 months are only beginning to be recognized. Although we have experienced some success along the way, we are not sitting back relying on past results. Rather, we continue to look for new and exciting opportunities to bring additional value to the Company."

Additional information on Gateway International Holdings is available on the Company's website, gwyi.com and via their Investor Relations and Capital Advisory firm, First Capital Investors, at firstcapitalinvestors.com.

"SAFE HARBOR":

This press release may contain forward-looking statements. The words "estimate," "possible" and "seeking" and similar expressions identify forward-looking statements, which speak only as to the date the statement was made. The company undertakes no obligation to publicly update or revise any forward-looking statements, whether because of new information, future events, or otherwise. Forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted, or quantified. Future events and actual results could differ materially from those set forth in, contemplated by, or underlying the forward-looking statements. The risks and uncertainties to which forward-looking statements are subject include, but are not limited to, the effect of government regulation, competition and other material risks.

Source: Gateway International Holdings, Inc.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Aviation/Aerospace Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Agency / Source: ECON Corporate Services / InvestorIdeas.com™

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick PRZOOM - Press & Newswire Visibility Checker

 

Distribution / Indexing: [+]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Aviation/Aerospace articles,
CATCH Visitors via Your Competitors Announcements!


Gateway International Holdings Releases Record Financial Results for Q1 and Q2, 2005

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name PRZOOM - Press & Newswire and LINK as the source.
 
  For more information, please visit:
Is this your article? Activate ALL web links by Upgrading to Press Release PREMIUM Plan Now!
|
Contact: Dante Panella 
407-656-9600
 
PRZOOM / PRTODAY - Newswire Today disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any ECON Corporate Services / InvestorIdeas.com™ securities in any jurisdiction including any other companies listed or named in this release.

Aviation/Aerospace via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!




Read Latest Press Releases From ECON Corporate Services / InvestorIdeas.com™ / Company Profile


Read Aviation/Aerospace Most Recent Related Press Releases:

Airbus Safran Launchers - 77th Consecutive Successful Launch for Ariane 5
Norway’s Widerøe to be the E190-E2 Launch Operator
Hispasat 36W-1 Put in Orbit with the New Generation Digital Payload RedSAT Led by Thales Alenia Space Spain
Airlink Becomes First South African Airline to Acquire Embraer E-Jets
Safran and Zodiac Aerospace - A New Global Leader in Aerospace
Iridium Announces Successful First Launch of Iridium NEXT Satellites
Embraer Reaches Targets with Delivery of 108 Commercial Jets and 117 Executive Jets in 2016
Leonardo Strengthens its Position in the UK as it Begins Operating as Leonardo MW Ltd - A New Single Entity for its UK-based Operations
Airlines Expect Huge Growth Opportunities in Adopting Digital Technologies and Offering Ancillary Products Finds Frost & Sullivan
Leonardo-Finmeccanica Announces Successful First Flight for the New Aermacchi M-345

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
 
NewswireToday Celebrates 10 Years in Business
Find business coaching, life coaching, executive coaching and corporate coaching, best selling coaching books, ...



PREMIUM Members


Visit  JobsWare.com

Visit  NAKIVO, Inc.

Visit  Al Rowaad Advocates & Legal Consultants







 
  ©2017 PRZOOM — Limelon Advertising, Co.
Home | About PRZOOM | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneur newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today