Sunday, September 16, 2018 12:25:20 PM
Company Releases Quarterly Financial Report for the Six Months ending June 30, 2018
September 14, 2018
Tesoro Enterprises, Inc. (TSNP) has released its Quarterly Report for the Six months ended June 30, 2018. Net sales for the six months period ending June 30, 2018 were $ 73,444 compared to Net Sales of $ 83,141 for the period ending June 30, 2017.Net income for the six month period ending June 30, 2018 was $ 8,786 compared to Net Income of $ 20,786 for the six month period ending June 30,2017. Financial Statement for the periods ending June 30, 2018, December 31, 2017 and December 31, 2016 are embedded below.
Company CEO, Henry J. Boucher, stated that " even in the face of increasing competition in the retail sector from discount wholesaler/retailers, like Lumber Liquidators and the big "box" stores, the Company has continued to remain profitable through the last six quarters We have also strengtnen our balance sheet over that same time period.
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