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Thursday, August 22, 2013 12:13:07 PM
http://ih.advfn.com/p.php?pid=nmona&article=58856799
From the last PR which is from the last 10Q
CirTran’s sales were again driven by its Playboy Energy Drink line, which has grown to represent nearly 98% of revenues.
For the quarter, CirTran reported sales of $1,096,691, a 247% increase over the $315,755 reported for the same period a year ago. For the six months ended June 30, 2013, CirTran reported sales of 1,964,843, a 110% improvement over the $934,455 reported for the first half of 2012.
CirTran reported net income of $1,695,346 for the quarter, after a loss of $705,487 in the same period a year ago, and income of $1,262,866 for the six months ended June 30, 2013, as compared with a loss of $1,993,583 for the same period a year ago.
The jump in sales, better margins, the single-quarter (and fiscal year) significance of an April settlement relieving CirTran of approximately $1.4 million in accrued royalties and other debt obligations claimed by former Play Beverages’ partners, were all factors impacting CirTran’s bottom line improvements.
In addition, shareholder deficit has decreased by some $2.5 million since the beginning of the current fiscal year, said Iehab J. Hawatmeh, the company’s chairman and president.
http://ih.advfn.com/p.php?pid=nmona&article=58867943
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