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Omni-Lite Industries Canada Inc V.OML

Alternate Symbol(s):  OLNCF

Omni-Lite Industries Canada Inc. develops and manufactures mission-critical, precision components utilized by Fortune 100 companies in the aerospace, defense, industrial and energy industries. The Company has three business segments: forged, electronic and investment casting components. Its forged products business is conducted in Cerritos, California. Its electronics business is conducted in Nashua, New Hampshire, a value-added contract manufacturer of electronic components for electronic sensors serving the defense, aerospace, medical, and secure communications markets. Its investment castings business is conducted in Brampton, Ontario, where it manufactures ferrous, non-ferrous, and light-alloy investment castings of highly engineered, high-performance hardware and structural components for aerospace, defense, nuclear, and industrial applications. It has developed patented technologies for transferring products through multi-die machines with segmented tooling.


TSXV:OML - Post by User

Comment by Venture100on Apr 03, 2007 8:56pm
195 Views
Post# 12543176

RE: News// 62 % gain in Q1 Sales!!!!!!!!!!!!

RE: News// 62 % gain in Q1 Sales!!!!!!!!!!!!This press release was a revenue announcement. The annual financial statement will probably be released before the end of April and the first qrtr before the end of may. Earnings may be flat or only somewhat improved for the first quarter since the extra revenue is offset by extra labour. However, as they add new contracts eps should move upward and we should see some good growth going forward since labour cost may remain fixed for some time.
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