FIRSTIME DESIGN LTD ANNOUNCES RECORD SALES
22 11월 2012 - 6:58AM
OTC Markets
FOR IMMEDIATE
RELEASE
OTC
Disclosure & News Service
New Berlin,
WI -
FIRSTIME DESIGN LIMITED ANNOUNCES RECORD
SALES
New
Berlin, Wis., November 15, 2012…FIRSTIME DESIGN LIMITED (FTDL)
announced today that net sales for the third quarter, 2012, were
$1,855,289, an increase of 62% compared to the same period last
year. Net sales for
the nine months ended September 30, 2012, increased 47% to $5.04
million, when compared to the same period last year. "In addition to the favorable net
sales growth, September also posted the best-ever gross sales month
in the history of the company", stated Christopher D. Bering,
President.
Bering went on to say, "In this continuing lackluster
economy, and with consumer confidence once again lessening, we are
proud to show these strong results, and we are confident that
FirsTime is on the right path for the
future."
Net
income for the nine months ended September 30, 2012, was $336,175,
or $0.22 per common share, as compared to a net loss of $402,473,
or ($0.26) per common share for the same period last year. Net
income for the three months ended September 30, 2012, was $103,501
as compared to a loss of $98,356 for the same period last
year.
"Our path has been established, and we are recognizing
positive results. We
will continue to execute on our strategy throughout the months and
years to come", said Bering.
About FirsTime Design
Limited
FirsTime Design Limited, through it's subsidiary, License
Products, Inc., does business as FirsTime Manufactory, an industry
leading designer, marketer and distributor of timepieces and home
decor products sold through national and regional
retailers.
This press release contains forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of
1995.
Forward-looking statements, which may be based upon beliefs,
expectations and assumptions of the company’s management and on
information currently available to management, are generally
identifiable by the use of words such as “believe,” “expect,”
“anticipate,” “plan,” “intend,” “estimate,” “may,” “will,” “would,”
“could,” “should,” or other similar expressions.
Additionally, all statements in this document, including
forward-looking statements, speak only as of the date they are
made, and the company undertakes no obligation to update any
statement in light of new information or future events. A
number of factors, many of which are beyond the ability of the
company to control or predict, could cause actual results to differ
materially from those in its forward-looking
statements.
These factors include: the degree of success of the strategy to
reduce expenses and to increase revenue; the actions of
competitors; and the ability of the Company to provide the
necessary cash to meet operating and working capital
requirements.
FirsTime Design (CE) (USOTC:FTDL)
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FirsTime Design (CE) (USOTC:FTDL)
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부터 5월(5) 2023 으로 5월(5) 2024