Service Team Inc (SVTE)

[Pres46]

VILLA PARK, CA / ACCESSWIRE / July 25, 2017 / Robert L. Cashman, President of Service Team Inc. (OTC PINK: SVTE) announced that Service Team Inc. has filed its Quarterly Report for the three month period ending May 31, 2017.
The company reported sales of $940,847 for the quarter ending May 31, 2017.

The company produced a profit of $4,440 for the quarter compared to a loss for the same quarter last year of ($143,899).

Cashman commented that the profit was generated by a combination of reducing interest costs and improving the efficiency of the manufacturing plant. The company had loans payable of $135,771 on May 31, 2017 compared to $287,195 on August 31, 2016, the start of this Fiscal Year. . . a reduction of $151,424.