Savvy Trades and Investments

[blindman28]

SPRS: Monster Quarter compared to last year .. glad i gambled on this one.

Consolidated net sales for the six months ended May 31, 2021 increased by $4,312,573 or 32.1%, to $17,748,762 as compared to net sales of $13,436,189 for the six months ended May 31, 2020. Consolidated net sales for the three months ended May 31, 2021 increased by $2,945,409 or 44.3%, to $9,592,460 as compared to net sales of $6,647,051 for the six months ended May 31, 2020. We attribute the increase to an increase in business with new customers as well as an increase in business with existing customers. We can also attribute the increase in 2021 to the impact of the coronavirus in Asia in the six months ended May 31, 2020 since factories were shut and demand was reduced during that period. Net sales for the six months ended May 31, 2021 and May 31, 2020 reflect $459,629 and $595,733, respectively of tariff costs that the Company was able to pass on to its customers.




https://www.otcmarkets.com/filing/html?id=15092366&guid=O0VkkarWJBezMth