| Argan, Inc. Announces Fourth Quarter and Year End Results
ROCKVILLE, Md.--(BUSINESS WIRE)--Argan, Inc. (OTCBB:AGAX) today announced financial results for the fourth quarter and fiscal year ended January 31, 2007. Net sales for the year were $68.9 million compared to $28.5 million for the year ended January 31, 2006. Net sales for the quarter were $41.7 million compared to $7.3 million for the quarter ended January 31, 2006. Gemma Power Systems, acquired in December 2006, contributed $33.7 million in revenues for the year and the quarter. Net loss for the year was $(113,000), or $(0.02) per share based on 5,338,000 weighted average shares outstanding, compared to a net loss of $9.5 million, or $(2.76) per share based on 3,439,000 weighted average shares outstanding. Net income for the quarter was $315,000 or $0.04 per share based on 8,414,000 shares outstanding compared to a net loss of $6.8 million or $(1.79) per share based on 3,814,000 shares outstanding.
DSM Features Lower Operating Profit Caused by Negative Impact of ...
30/04/07 DSM announced that its first quarter sales rose 4% to 2.14 billion euro. EBIT, however, fell 6% to 192 million euro. In a statement, DSM attributes lower operating profit in part to much lower average currency exchange rates; the phasing-out of some contracts related to the acquisition of Roche Vitamins had a negative effect of less than EUR 10 million. DSM Nutritional Products saw its sales volumes in animal and human nutrition/health grow compared to Q1 2006. DSM Nutritional Products operating profit declined as a result of lower margins and the strongly negative impact of the US dollar, the company said. The operating profit was also negatively affected by reduced output at the Dalry site (Vitamin C, UK), which has continued into the second quarter due to a fire in a transformer, added DSM.
First-of-its-Kind Partnership Bring Amenities Home
Forging a new path in integrated homeowner benefits, Laing/Village LLC announces the first-of-its-kind partnership with the YMCA of Metropolitan Denver; bringing a lifestyle rich in amenities and services to homeowners at Southshore. This unique partnership offers homeowners easy access to fitness, health and wellness programs through the Lakehouse at Southshore - an impressive 11,000 square-foot social and recreational clubhouse. Overlooking the Aurora Reservoir and Front Range, the Lakehouse is open to Southshore families and their guests, offering top-notch programs and services not available anywhere else in the vicinity. The YMCA of Metropolitan Denver is managing and maintaining a full menu of fitness, health and wellness programs. Beginning in May, swimming lessons, aquatic classes and instructions in kayaking, fly fishing and windsurfing will also be offered.
Health unit promoting beautiful smiles during Oral Health Month
Everyone deserves a beautiful smile is the theme and message the Sudbury & District Health Unit is promoting during Oral Health Month in April. Dental disease has been reduced significantly through the past several decades, but is still a very real problem. Research indicates one of every four children aged three to six has experienced cavities, and 80 per cent of these children have extreme oral health needs. The health unit offers a program that pays for dental care for children with urgent dental needs if their families do not have a dental plan and cannot afford to pay for dental care. Preschool and elementary school-aged children may be eligible for the program, called "Children In Need Of Treatment" (CINOT), if they have dental pain, infection, large cavities, bleeding gums or have mouth injuries.
Dominicans will have family health insurance coverage
Santo Domingo.- Employers and labor yesterday promised to support the start of the Basic Health Services Plan in the contributive regime as of May 1, as scheduled. The "Tripartite Agreement Declaration" states that in a period of 15 days both sectors, and the Government, will draft a discussion agenda on an economic and social pact that will be known in the Consultative Labor Council. The objective is to support an economic model that guarantees social development, the conservation of jobs, competitiveness, revision of some points of the Labor Code and the Social Security Law. It also establishes a new reclassification of companies. Next Tuesday the sectors involved will take part in an official ceremony to formally start the Family Health Insurance. .
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