Attached files
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| 8-K - 8-K - CHICAGO RIVET & MACHINE CO | form8-k.htm |
Exhibit 99.1
FOR IMMEDIATE RELEASE
Chicago Rivet & Machine Co. Announces Second Quarter Results of Operations.
Naperville, IL, August 9, 2011. Chicago Rivet & Machine Co. (NYSE Amex, symbol: CVR) today announced results for the second quarter of 2011 as summarized below:
CHICAGO RIVET & MACHINE CO.
Summary of Consolidated Results of Operations
For the Three and Six Months Ended June 30
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Second Quarter
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First Six Months
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2011
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2010
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2011
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2010
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Net sales
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$ | 8,134,104 | $ | 7,938,533 | $ | 15,948,472 | $ | 14,699,926 | ||||||||
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Income before income taxes
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872,521 | 612,060 | 1,049,543 | 660,929 | ||||||||||||
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Net income
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587,521 | 420,060 | 704,543 | 453,929 | ||||||||||||
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Net income per share
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.61 | .43 | .73 | .47 | ||||||||||||
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Average shares outstanding
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966,132 | 966,132 | 966,132 | 966,132 | ||||||||||||
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(All figures subject to year-end audit)
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Contact:
Kimberly A. Kirhofer
Chicago Rivet & Machine Co.
(630) 357-8500