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Devonshire Industries Releases Preliminary Year End Report

Hamilton, Bermuda – 23 August, 2010 – In a filing to the Bermuda Stock Exchange (BSX) Devonshire Industries Limited (DEV.BH) released its preliminary report for year ending 31 March, 2010.

 

Financial Highlights

           

 

2010

2009

% Change

 

 

 

 

Net Sales

$3,323,415

$3,551,128

-6.41%

Operating Expense

$1,035,629

$1,101,705

-6.00%

Net Revenue from

 

 

 

Operations prior to

 

 

 

Discounted Ops

$  352,297

$  392,302

-10.20%

Other Income

$   46,933

$   52,595

-10.77%

Net Income

$  399,230

$  444,886

-10.26%

Earnings Per Share

$

$

 

Dividends Paid

$  441,675

$  441,675

0.00%

Dividends Per Share

$    1.00

$   1.00

0.00%

Total Assets

$3,057,386

$2,875,050

 6.34%

Net Assets

$2,685,932

$2,728,377

-1.56%

 

 

Enquiries:

Richard A. Moulder

General Manager                                (441) 236-4662