Expo Holdings, Inc. Posts 120% Net Profit Improvement
October 26 2009 - 10:46AM
Marketwired
Expo Holding, Inc. (PINKSHEETS: EXPH) updates pinksheets.com and
delivers a 120% net profit improvement over 1st half 2008.
The company has delivered solid operational performance during
the 1st half of 2009. Year to date for the quarter ended June 30,
2009 the company produced $40,612 in net profits or a 120% net
profit improvement based on an approximate loss of $206,800 for the
same period in 2008. The company anticipates a rapid replacement of
the pinksheets.com stop sign icon with a yield icon.
James D. Brown, CEO, stated, "We are quite pleased with our
operational performance for the 1st half of 2009, however, we
always strive for higher sales."
Glenn Harrs, President, commented, "The 2008 & early 2009
business climates have been tougher than any I can remember. I am
pleased to report that the company is moving forward, is profitable
as of June 30, 2009, and has a high-growth 2010 planned."
Expo Holdings operates in North Wilkesboro, NC. D&D Displays
is a wholly owned subsidiary of Expo Holdings, which specializes in
custom cabinetry and high end store fixtures for retail vendors
such as Newell-Rubbermaid, Inc., Bosch Tool Corporation, Kronotex,
USA, and Lowe's Companies. D&D Displays has been in operation
since 2000 and joined Expo Holdings in 2006.
This release includes forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933 and Section
27E of the Securities Act of 1934. Statements contained in this
release that are not historical facts may be deemed to be
forward-looking statements. Investors are cautioned that
forward-looking statements are inherently uncertain. Actual
performance and results may differ materially from that projected
or suggested herein due to certain risks and uncertainties
including, without limitation, ability to obtain financing and
regulatory and shareholder approvals for anticipated actions.
Contact: J.D. Brown D&D Displays, Inc. 336-667-8765
www.expoholding.com
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