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BCT International, Inc. Announces Results For Second Quarter of FY2004

Thursday, October 16, 2003

Press release from the issuing company

FORT LAUDERDALE, Fla.--Oct. 15, 2003-- BCT International, Inc., which through its paper products division and franchises operates a wholesale printing chain, today announced operating results for the three and six months ended August 31, 2003. For the six months ended August 31, 2003, the Company's revenues were $10.1 million, compared with revenues of $8.8 million in the first six months of the previous fiscal year. Pretax income was $792,000 versus $684,000 in the first six months of fiscal 2003. Net income was $483,000 ($0.09 per diluted share) compared with net income for the same period in the prior year of $417,000 ($0.08 per diluted share). For the three months ended August 31, 2003, the Company's revenues were $4.9 million, compared with revenues of $4.2 million in the same three months of the previous fiscal year. Pretax income was $290,000 versus $198,000 in fiscal 2003. Net income was $171,000 ($0.03 per diluted share) compared with net income for the same period in the prior year of $115,000 ($0.02 per diluted share). BCT International, Inc. is a holding company which, through its paper products division and its Business Cards Tomorrow franchises, operates a wholesale printing chain.

 

 

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