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NEWS RELEASE PERFECT FRY CORPORATION PNM, Canadian Venture Exchange For immediate release
Upward Trend Continues During the first six months of this fiscal year we improved with a 20% increase in revenue and a 34% increase in net earnings over the same period last year.
Constant trade show exposure continues to heighten recognition of the Perfect Fry name and the PFC model fryers. The United States remains the leading marketplace for the PFC and therefore our sales efforts are predominately focused in this geographic area. American business owners express appreciation for the advantage afforded to them by the PFC fryers. Test marketing is ongoing in large American franchise organizations. International sales are on the rise. The trade show attended by Gary Calderwood in England (as reported in the first quarter) has generated the anticipated interest and pursuant sales. As demonstrated over the past few years Australian sales continue on the upward path. In a more recent development we are actively involved in discussions with a Japanese distribution company. We now sell five PFC model fryers with the 5700watt 240volt and the 5700watt 208volt generating a significant portion of the revenue. This is no surprise, as the small footprint and large capacity remain unique within the industry.
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