Excellent quarterly results outA couple of highlights from this release
ZENON's strongest second quarter to date shows over $2 million in profit with 27% growth in backlog
OAKVILLE, ON, Aug. 11 /CNW/ - ZENON's second quarter 2003 results
continue to show the company's growth as a leader in water treatment using its
proprietary ZeeWeed(R) technology. Record setting numbers for the quarter
include revenue of $41.5 million, which represents a 53% increase from the
same period a year ago and $2.2 million in earnings for a 302% growth year-
over-year. Earnings per share of $0.08 for the quarter also represents a
significant increase from that reported in the second quarter of 2002.