Bexil Corporation (BXLC)

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Bexil Corporation Announces Second Quarter 2011 Financial Results
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Bexil Corp (PN) (USOTC:BXLC)
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Today : Monday 15 August 2011
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Bexil Corporation (PINKSHEETS: BXLC) today reported its financial results for the second quarter ended June 30, 2011.

Bexil recorded a net loss of $98,538 or $0.10 per share for the three months ended June 30, 2011 compared to a net loss of $351,136 or $0.35 per share for the three months ended June 30, 2010. For the six months ended June 30, 2011, Bexil recorded a net loss of $433,669 or $0.43 per share compared to a net loss of $522,003 or $0.52 per share for the six months ended June 30, 2010.

The Company's book value per share at June 30, 2011 (1,017,592 shares issued and outstanding) was $35.36. At June 30, 2011, Bexil had positive working capital of $30,535,884, total assets of $36,479,545, no long term debt, and shareholders' equity of $35,986,837.

The Company's unaudited balance sheet, statements of income, and statements of cash flows as of and for the second quarter and six months ended June 30, 2011 are appended to the copy of this press release on www.bexil.com.