CORRECTION: American Seniors Association Holding Group, Inc. Releases Year End Results, Posts First Annual Profit
ACCESSWIRE - Thu Mar 31, 12:03PM CDT
BRADENTON, FL / ACCESSWIRE / March 31, 2016 / American Seniors Association Holding Group, Inc. (OTC Pink: AMSA) released their 2015 financials today and announced their first profitable year end ever. While revenue was down due to several internal factors, profits and cash flow increased dramatically, primarily due to cost cutting measures and financial controls. The Company earned $74,936 on revenues of $292,542 for the period compared to a loss of $222,422 on revenues of $358,658 for the prior period. Long term debt was also reduced from $424,980 to $352,802.
American Seniors Association Holding Group, Inc. Releases Year End Results, Posts First Annual Profit
ACCESSWIRE - Thu Mar 31, 11:33AM CDT
BRADENTON, FL / ACCESSWIRE / March 31, 2016 / American Seniors Association Holding Group, Inc. (OTC Pink: AMSA) released their 2015 financials today and announced their first profitable year end ever. While revenue was down due to several internal factors, profits and cash flow increased dramatically, primarily due to cost cutting measures and financial controls. The Company earned $74,936 on revenues of $292,542 for the period compared to a loss of $222,422 on revenues of $358,658 for the prior period. Long term debt was also reduced from $424,980 to $352,802.