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Monday, September 15, 2014 8:13:10 PM
I know they Prd this before but yes the 1.5 million is going to add to already huge earnings, now take this aspect plus this statement
"The Company ceased operating its Truck Repair Facility during
the quarter, opting to utilize outside services for maintenance and repair of operating equipment. This
action has resulted in a reduction of costs associated with that operation."
Now add the 2 together more rev 1.5 mill more, plus reduction in costs and expenses... means higher gross profit correct?
They added more income and got rid of more expenditure - KABOOM ]
That is correct my friend! I'd say they brought down expenses significantly by getting rid of the service shop. Less expenses + more revenues = A great financial report! :)
BK
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