ATC - Cycle Country Accessories Corp - News:Cycle Country's August Net Income Increases 3% Over Last Year; Recent Acquisition Improving Profits
9/14/2005 9:58:07 AM
MILFORD, Iowa, Sep 14, 2005 (BUSINESS WIRE) -- In the contact section, the phone number for Marlin Molinaro should read: 702-434-4131 (sted 702-403-4131).
The corrected release reads: CYCLE COUNTRY'S AUGUST NET INCOME INCREASES 3% OVER LAST YEAR; RECENT ACQUISITION IMPROVING PROFITS
Cycle Country Accessories Corp. (ATC), the recognized leader in developing and manufacturing a variety of products for the all-terrain vehicle (ATV), garden tractors, and golf carts, is pleased to announce net income for August 2005 increased 3% to $324,049 from $313,485 in the same period last year.
"We continue to see improvements in gross margin and net income percentages," says Ron Hickman, President and CEO of Cycle Country. "As we work to increase our revenues, the benefits to our shareholders should be evident in our bottom line."
For the first eleven months of fiscal 2005, revenues are $15,268,910 and net income is $982,710.
About Cycle Country Accessories Corporation
Cycle Country, with over 50% of the worldwide market in several product categories, is the industry leader in the design and manufacturing of custom-fitting accessories for virtually every brand of utility all-terrain vehicles (ATVs). Cycle Country also produces accessories for the lawn and garden market through its subsidiary, Weekend Warrior, and makes high performance oil filters for the motorsports industry through its wholly owned subsidiary, Perf-Form.
https://www.cyclecountry.com
https://www.perf-form.com
SOURCE: Cycle Country Accessories Corporation
Magellan Financial Media Group, Inc.
Marlin Molinaro, 702-434-4131
or
David Dozier, 317-867-2839
.