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October 6, 2008
By: DAVID SAVASTANO
Editor, Ink World Magazine
5N Plus Inc. announced financial results for the first quarter of its fiscal year ended August 31, 2008. Net earnings, EBITDA and sales all reached record levels reflecting a continuing trend of strong financial performance. For the quarter, net earnings reached $4,329,085, or $0.10 per share, which is 293.8% higher than net earnings of $1,099,256, or $0.04 per share, for the first quarter of the previous fiscal year. EBITDA increased by 194.6% to $6,169,004 up from $2,093,758 during the cor...
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