Earnings Reports (March 06, 1989)

For the year ended Dec 31, 1988 the company reports net earnings of $17.43 million or 74 cents per share on revenue of $109.8 million. For the comparable previous year the company reported net earnings of $21.9 million or 95 cents per share on revenue of $93.3 million.

Equinox Resources (TSE) of Vancouver reports net income for the 3-month period ended Jan 31 of $27,431 or 1 cents per share on revenue of $989,424. For the same period a year earlier the company reported net income of $68,284 or 2 cents per share on revenue of $1.04 million. For the year ended Oct 31 the company reports net income of $70,168 or 2 cents per share on revenue of $3.91 million. For the comparable previous year the company reported net income of $565,705 or 14 cents per share on revenue of $5.58 million.

A total of $2.78 million was raised through the issuance of 1.02 million shares, increasing the number of issued shares at Oct 31 to 5,273,474.

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