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Finance

HFC announces 76.7% increase in third-quarter results

For the quarter ended September 30, 2004, revenue increased 76.7% to $13,154,340 from $7,445,094 for the same quarter last year. Gross profit increased 128.3% to $3,347,083 from $1,465,768 for the same quarter last year. As a percent of revenue, gross profit increased to 25.4% compared to 19.7% for the third quarter last year. Net earnings applicable to common shareholders increased 429.9% to $465,164 from $87,786 for the same quarter last year. Net earnings per diluted share of $0.03 increased 200% from $0.01 per diluted share for the same quarter...

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