FirsTime Design Limited Announces Second Quarter Results
July 14 2014 - 4:29PM
Business Wire
FIRSTIME DESIGN LIMITED (FTDL) today announced net sales for the
six months ended June 30, 2014 of $3,971,000 an increase of 5.4%
compared to the same period last year. The Company reported
consolidated net income of $308,000 or $0.20 per common share, an
increase of 6.9% compared to the same six-month period last year.
Second quarter net income was $168,000 or $0.11 per common share,
an increase of 8.4%, as compared to a net income of $156,000 or
$0.10 per common share for the same quarter last year. FTDL ended
the quarter with $1,913,000 of cash and cash equivalents on the
balance sheet.
About FirsTime Design Limited
FirsTime Design Limited, through its subsidiary, FirsTime
Manufactory, Inc., is an industry leading designer, marketer and
distributor of timepieces, thermometers and other home décor
products sold at major-national retailers. More information can be
found at: www.firstimeonline.com or
http://www.otcmarkets.com/stock/FTDL/quote
FirsTime Design LimitedJulie Kren, 262-364-5200 x101
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