Replies to post #30866 on Sulja Bros. Building Supplies, Ltd (SLJB)

[texas ted]

Wave

pre-tax profits in PR and on financials from website are the same ($26,023,991).
however gross profits in PR ($28,371,424) do not match gross margin in financial statements ($29,105,097)

[davidmarkblack]

The PR and financials look to agree. What am I missing?
Net Profits $15,879,839.69.
Pre-tax Profits 26,023,991.63
Gross Profits $28,371,424.95


Posted by: Waverider110
In reply to: WhiteSands who wrote msg# 30805 Date:8/5/2006 1:19:24 AM
Post #of 30925

White, did you notice the

two million dollar net profit difference between Monday's PR about the bottom line ($28Mplus)and today's website net profits ($26M) for 2005? Changes after the PR make them look like rookies.

2 million dollars is a large % of $28M. Stuph like that makes bigger players leery.

But I'm not big and hold long.


WINDSOR, ON--(MARKET WIRE)--Jul 31, 2006 -- Sulja Brothers Building Supplies, Ltd. (Other OTC:SLJB.PK - News) announced today that the company is releasing financial information to its shareholders. Sulja Brothers Building Supplies earned $63,047,611.00 during the 12 months from June 1, 2005 to May 31, 2006. The company made $28,371,424.95 gross profit with a $26,023,991.63 in pre-tax profits. Net profits were $15,879,839.69. The monthly financials for 2005 and the pro forma for 2006 will shortly be available at www.suljabros.com.