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Posts | 18112 |
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Alias Born | 01/16/2007 |
Saturday, June 22, 2013 8:40:45 PM
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HHSE Profitable 13 consecutive Quarters out of 13.
I give Eric a lot of credit. He has really tightened up the purse strings in Arkansas. Already gaudy Margins still increasing.
Total Cost of Sales = $74,416 (most of this is "Other Expense, Accrued third party participations").
Total G & A Expenses = $28,358
The Profit Equation reveals there are 2 variables to increase Profits, Increase Revenue and/or Decrease Expenses. Eric totally understands this, thus HHSE Balance Sheet gets more pristine every Quarter.
Profits = (Revenues - Expenses)
HHSE Quarterly Report - Financial Results and Disclosures for P/E 3-31-2013:
http://www.otcmarkets.com/financialReportViewer?symbol=HHSE&id=106892
PR: "Q1 Results Show Increased Profit Margins for Hannover House" - June 21, 2013:
http://ca.finance.yahoo.com/news/q1-results-show-increased-profit-191500369.html
http://www.otcmarkets.com/stock/HHSE/news
HHSE
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