Rochester,NY 8/21/2009 11:25:38 PM
American International Industries, Inc. AMIN, American International Industries, Inc. Reported Revenues and Profits Increase.
American International Industries, Inc.
American International Industries, Inc. has reported revenues for the six months ended June, compared the same period in the previous year, representing an increase of 17%. The revenue increase was due to the inclusion of Shumate Energy Technologies, Inc. revenues of $3,994,317, increased revenues at NPI of $304,290, or 9%, partially offset by decreased revenues at Delta of $2,457,673, or 34%.
The next three months ended June, revenues from continuing operations were $6,232,115, compared to $7,075,290 for the three months ended June 30, 2008, representing a decrease of $843,175, or 12%. The decrease in revenues was due to decreased revenues at Delta of $2,838,635, partially offset by increased revenues due to the inclusion of SET of $1,907,496 and increased revenues at NPI of $87,964 for the three months ended June 30, 2009.
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