Rochester, NY 8/25/2009 11:31:30 PM
American Home Food Products, Inc. AHFP.OB, American Home, Announces its Financial and Operating Results
American Home Food Products, Inc. AHFP.OB
The Financial Statements for the nine month period ending February 28, 2009, included in this Form 10-Q are unedited; but, this information reflects all adjustments (consisting solely of normal recurring adjustments), which are, in the opinion of management, necessary to present a fair statement of the results for the temporary period.
In the nine month period ended February 28, 2009, the Company had sales of $4,640,047 versus $3,767,456 in the corresponding nine month period in 2008. Cost of goods sold in this period was $3,240,096 which was 70% -- the same as in 2008 for the same period. In this nine month period, the Company recorded a net loss from continuing operations before interest of $888,328 versus a net loss from operations before interest of $423,903 for the same period in 2008. The net loss to common shareholders during this period 2009 was $1,394,056.
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