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Thursday, September 21, 2006 11:44:43 AM
SULJA BROS. HIGHLIGHTS
AUDITED FINANCIALS (KPMG/PRICE WATERHOUSE COOPERS)
Company has indicated the release of the Audited Financials by September 23, 2006.
KPMG had requested three days to improve and integrate Price Waterhouse Coopers current results into the final product.
During the 12 months from June 1, 2005 to May 31, 2006, Sulja Brothers Building Supplies had revenues of $63,047,611.00. The company made $28,371,424.95 gross profit with a $26,023,991.63 in pre-tax profits. Net profits were $15,879,839.69.
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-The 2007 pro forma estimated revenue is $307,007,451.50
"Plus 350,000,000.00".............Equals $657,007,451.50"
Estimated net profits for 2007 are $93,951,965.18....
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