This page includes Regulatory news filings supplied by issuers listed on the BSX. Please note the BSX is not responsible for the content, accuracy or completeness of announcements filed by issuers and disclaims all liability for any loss arising from reliance on information contained within issuer announcements.
Long Botham Boats Announce Annual Results
Sales for the year were $4,400,283 versus $4,045,909 in 1998, while net income grew to $242,208 from $69,882. Earnings per share stood at $0.48, up from $0.14 in 1998.
Total Assets of the company stood at $3,468,544 compared to $3,461,945 in 1998 and Net Assets climbed to $1,319,181 from $1,076,973.
Mr. King attributed the improved performance of the company to the new management team.
# # #
For further information, contact Mr. Paul King, President & Chief Executive Officer of Long Botham Boats Company Limited at phone 1-441-238-1977, fax 1-441-238-8096.
For more information, contact Christopher Dill at the Bermuda Stock Exchange at phone 1-441-292-7212 or fax 1-441-292-7619. Information is also available at www.bsx.com, on Bloomberg at BSX
The Bermuda Stock Exchange is a fully-electronic offshore securities market founded in 1971. The BSX lists more than 200 securities -- including equities, mutual funds and bonds, as well as depository receipts -- and is recognized by the U.S. SEC as a Designated Offshore Securities Market.