NAPERVILLE, Ill., Aug. 7, 2023 /PRNewswire/ -- Chicago Rivet & Machine Co. (NYSE American: CVR) today announced results for the second quarter of 2023 as summarized below:
CHICAGO RIVET & MACHINE CO.
Summary of Consolidated Results of Operations
For the Three and Six Months Ended June 30
|
|
Second Quarter
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First Six Months
|
|
2023
|
2022
|
2023
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2022
|
Net sales
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$8,050,931
|
$9,023,398
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$16,780,656
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$18,221,094
|
Income (loss) before income taxes
|
(1,665,506)
|
194,904
|
(2,402,643)
|
765,217
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Net income (loss)
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(1,311,506)
|
153,904
|
(1,894,643)
|
601,217
|
Net income (loss) per common share
|
(1.36)
|
.16
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(1.96)
|
.62
|
Average common shares outstanding
|
966,132
|
966,132
|
966,132
|
966,132
|
|
(All figures subject to year-end audit)
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SOURCE Chicago Rivet & Machine Co.