GREY:HYKCF - Post by User
Post by
NiskuManon Mar 31, 2015 7:31pm
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Post# 23584222
News Release
News Release Total revenue for the year was $48.1 million. This represents a decline of $9.3 million or 16.2% over the prior year. The decline is due to the completion a significant turn key package for an international customer in addition to completing a 6 pump package for another international customer in the prior year.
-------I would like hyduke to explain the first point further--------------
The Company will concentrate on organic growth while retaining an open attitude towards complimentary acquisitions. Hyduke is also examining absorbing redundant assets from other companies that are complementary to the Company's product and service line when those assets reduce overhead for those companies and enhance spreading Hyduke's overhead expenses over a larger revenue base.
-----I wonder who they will buy next? this will be an interesting one to watch close---