SILENT WITNESS REVEALS NET INCOME JUMPED 41% IN THE 1st FISCAL QUARTER
SURREY, British Columbia, Canada
Silent Witness Enterprises Ltd. announces its unaudited financial results for the first fiscal quarter ended Oct. 31, 1999 show revenues increased by 38 percent to $10.6 million (Canadian) from the same period in 1998. Net income (after taxes) rose 41 percent to $1.3 million from the same time frame in 1998. This represents basic EPS of 21 cents or fully diluted EPS of 19 cents for the three-month period. EPS figures for the same period in 1998 were 15 cents and 14 cents, respectively. Silent Witness is a technology company that produces innovative surveillance cameras for global markets. Approximately 85 percent of its sales come from established distribution channels in the United States and Western Europe.
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