Home | Business News | Browse by Publication | B | Business Wire

Bestar Inc.: First Quarter of 2005 Results and Appointment of a New Vice-President Finances.

Publication: Business Wire
Publication Date: 13-MAY-05 		Format: Online
Delivery: Immediate Online Access

Article Excerpt
LAC-MEGANTIC, Quebec -- Bestar Inc. (TSX:BES) -

Gross revenue for the quarter ended March 31, 2005 totalled C$9,948,000, a decrease of 12.8% compared with C$11,403,000 for the same period last year.

"A gap in the launch date of new products between 2004 and 2005 is the main reason for the decrease in sales for the first quarter" explains Mr. Jacques Hetu, Chief Executive Officer of Bestar.

"We are intensively engaged in the process of developing new products. These should be available on the market in the fall of 2005. We areaiming at widening our range of product selection as well as offering more diversity, such as storage space units.We are also working on small multi-functional furniture." continues Mr. Hetu.

The loss before...

Read the FULL article now - Try Goliath Business News - FREE!   
You can view this article PLUS...

  • Over 5 million business articles
  • Hundreds of the most trusted magazines, newswires, and journals (see list)
  • Premium business information that is timely and relevant
  • Unlimited Access

Now for a Limited Time, try Goliath Business News - Free for 3 Days!
Tell Me More   Terms and Conditions

Get Goliath Business News for 1 year - Just $99 (Save 65%)
Tell Me More   Terms and Conditions

Already a subscriber? Log in to view full article



More articles from Business Wire
Energy Metals Signs Letter of Intent with Thelon Ventures, Appoints CF..., May 13, 2005
Perficient Announces $28.5 Million Senior Credit Facility., May 13, 2005
Fitch Affirms Illinois Housing's GO Debt Pledge at 'A+'., May 13, 2005
Acrongenomics Inc. Nano-JETA Real Time PCR Against 'Gold Standard' Rea..., May 13, 2005
Q1-2005 Investor Conference and Webcast., May 13, 2005

Looking for additional articles?
Search our database of over 3 million articles.

Looking for more in-depth information on this industry?
Search our complete database of Industry & Market reports by text, subject, publication name or publication date.

About Goliath
Whether you're looking for sales prospects, competitive information, company analysis or best practices in managing your organization, Goliath can help you meet your business needs.

Our extensive business information databases empower business professionals with both the breadth and depth of credible, authoritative information they need to support their business goals. Whether it be strategic planning, sales prospecting, company research or defining management best practices - Goliath is your leading source for accurate information.