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Article Excerpt
First Quarter revenues increased by 113% year-over-year; First Quarter net income reached $339,473
ASHKELON, Israel -- Defense Industries International, Inc. (OTCBB:DFNS), a leading manufacturer and global provider of personal military and civilian protective equipment and supplies, announced its financial results for the quarter ended March 31, 2007.
Net revenues for the first quarter increased to $3,914,572 from $1,833,371 in the first quarter of 2006. The increase in sales in mostly due to an increase in military sales in both the domestic and international markets.
Total sales to the local market reached $2,422,411 in the first quarter of 2007, compared with local sales of $1,274,594 in the first quarter...
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