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Paulin Sales & Profit Drop

April 02
00:00 2008
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Paulin Sales & Profit Drop

Jason Sandefur

H. Paulin & Co. reported sales during 2007 dropped 9% to CAD 135.97 million (US$133.05 million), while net earnings before taxes declined 62% to CAD 2.8 million (US$2.74m) and net income slid 64% to CAD 1.8 million (US$1.76m).
During the fourth quarter of 2007 Paulin recorded a CAD 535,000 (US$523,492) loss on revenue of CAD 30.4 million (US$29.75m), down 5% from the final quarter of 2006. Web: hpaulin.com �2008 FastenerNews.com

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