PACIFIC INSIGHT ELECTRONICS CORP. ANNOUNCES FIRST QUARTER RESULTS
Trading Symbol: PIH
VANCOUVER, Nov. 8 /CNW/ - Sales for the first quarter ended September 30, 2010 were $7.89 million, an increase of 40% from $5.65 million for the comparative 2009 period. The net income for the quarter was $127,000 or 2 cents per share compared with a loss of $132,000 or 2 cents per share for the comparative 2009 period.
Pacific Insight Electronics Corp. (PI) designs, manufactures and delivers electronic products and full service solutions to the heavy truck, automotive and specialty markets. PI designs and distributes its products and services to original equipment manufacturers and distributors in the United States and Canada.
The information in this news release was prepared in accordance with Canadian generally accepted accounting principles. To view the September 30, 2010 Financial Statements and Management Discussion & Analysis please visit www.pacificinsight.com or www.SEDAR.com.
THE TSX HAS NOT REVIEWED AND DOES NOT ACCEPT THE RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE. MANAGEMENT ACCEPTS FULL RESPONSIBILITY FOR THE INFORMATION CONTAINED HEREIN.
For further information: Email enquiries may be sent directly to [email protected] or via telephone: 1-800-995-1155
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