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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Jer Envirotech International Corp Com Npv | TSXV:JER | TSX Venture | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
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0.00 | 0.00% | 0 | - |
From Jun 2019 to Jun 2024
"We are very pleased with our performance during Q1 2009 despite a very challenging economic landscape, as it reflects the strong growth we experienced in fiscal 2008," states Ed Trueman, JER's President and CEO. "As a biocomposite manufacturer offering wood alternatives, we are in an enviable position of supplying products to any number of industries, including the manufacturing, decking and toy industries. JER is focused on realization its potential within the global marketplace.
"Equally importantly, we enable our customers to manufacture high quality products, while making socially and fiscally responsible decisions. Combined with the ever-expanding reach of our sales and marketing team as well as an increase in product partnerships such as that with Sprig Toys earlier this year, these factors are contributing to sustainable revenue growth, as evidenced by strong results for Q1. During Q1 2009, JER's compound business unit met management's performance expectations."
Quarter over quarter revenue performance for fiscal 2009, 2008, 2007 and 2006 was as follows:
Q1 Q2 Q3 Q4 Total 2006 $78,102 $151,158 $162,435 $36,227 $427,922 2007 $85,272 $52,825 $166,827 $581,964 $886,888 2008 $396,856 $423,859 $653,979 $1,126,515 $2,601,209 2009 $919,381
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About JER Envirotech International Corporation
JER is a global supplier of thermoplastic biocomposite compounds and sheeting. The Company's patented technology utilizes waste or by-product materials, such as wood fibre or rice hulls, to produce environmentally-friendly alternative products for applications in the construction, transport, automotive and toy industries. The Company currently has a range of biocomposite formulations which it developed in collaboration with the National Research Council - Industrial Materials Institute of Canada.
JER is publicly-traded on the TSX Venture Exchange (TSX) under the symbol "JER" and on the Frankfurt Stock Exchange under the symbol "KFTB". For more information, visit www.jerenvirotech.com or contact:
JER Envirotech International Corporation Mr. Ji Yoon Chief Financial Officer International: +1 (604) 940-9262 jyoon@jerenvirotech.com
The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release. This news release contains certain forward-looking statements that reflect the current views and/or expectations of JER Envirotech International Corp. with respect to its performance, business and future events. Investors are cautioned that all forward-looking statements involve risks and uncertainties including, without limitation, those relating to changes in the market, potential downturns in economic conditions, foreign exchange fluctuations, demand for thermoplastic biocomposites, competition and our ability to implement our business plans and strategies in a timely manner or at all. These risks, as well as others, could cause actual results and events to vary significantly. JER Envirotech International Corp. does not undertake any obligations to release publicly any revisions for updating any voluntary forward-looking statements.
Distributed by Filing Services Canada and retransmitted by Marketwire
Email: Email Contact Website: www.jerenvirotech.com
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