MWWC Automotive First and Second Quarter 2013 Show Increase
MWWC Automotive First and Second Quarter 2013 Show Increase in Revenue
Date : 06/07/2013 @ 1:00PM
Source : PR Newswire (US)
Stock : Marketing Worldwide Corp. (PC) (MWWC)
Quote : 0.0003 0.0 (0.00%) @ 5:02PM
MWW Automotive First and Second Quarter 2013 Show Increase in Revenue
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Marketing Worldwide Corp. (PC) (USOTC:MWWC)
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HOWELL, Mich., June 7, 2013 /PRNewswire/ -- MWW Automotive Group (OTCQB: MWWC); a global design, engineering and manufacturing firm serving some of the world's leading automotive and industrial manufacturers and design firms, announced today that its second quarter performance has shown an increase of $65,623 or thirty seven percent (37%) compared to the same period in the year before. Revenues have also increased on a six months comparison basis.
Chuck Pinkerton, states: "As we have already reported with the filing of our Q2 financial results, our revenues have increased again for the second quarter 2013, as they have for our first quarter 2013. At the same time I would like to point out that we are still not close to our production and revenue potential. Several of the projects that have been awarded to us during 2012 have commenced with production after the close of the 2nd quarter 2013 and will only begin to have a more substantial positive impact on our revenue, cash flow and bottom line in our 3rd and 4th quarter of this year (ending June 30 and September 31, 2013 respectively). Please refer to our current filing with the SEC at www.sec.gov for more details.
"We have now secured substantial new business as fixed orders for the months ahead and we will provide more details in a follow up press release next week."
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