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Devonshire Industries Releases Interim Six-Month Report
Hamilton, Bermuda, March 28, 2007 - The Bermuda Stock Exchange (BSX) today received the following report from Devonshire Industries (DEVON.BH) General Manager, Richard Moulder.
The interim un-audited six-month results for the period ending 30 September 2006 show a revenue position of $1,207,494. This compares to the six-month ending revenue position for the period 30 September 2005 of $1,142,281 an increase for the period in 2006 over that of the 2005 compared period of $65,213 or 5.71%
Net Income for the six-month period ending 30 September 2006 was $335,987 compared to Net Income for the same six-month period in 2005 of $229,439 reflecting an increase in Net Income for the compared period of $106,548 or 46.44%.
Earnings Per Share for the six-month period ending 30 September 2006 was $0.77 per share compared to $0.52 for the same period in 2005.
Dividends paid for the six-month period ending 30 September 2006 were $0.50 equal to the $0.50 Dividends paid for the six-month period ending 30 September 2005.