Paradise Inc. Reports Earnings Results for the Year Ended December 31, 2011; Declares Annual Dividend Payable on April 20, 2012
March 27, 2012 at 01:52 am IST
Paradise Inc. reported earnings results for the year ended December 31, 2011. The company announced net income of $1,233,270 or $2.37 per share for the year ended December 31, 2011 versus $698,138 or $1.34 per share for 2010. Total Net Sales for 2011 were $24,862,470 compared to $23,964,543 for 2010.
The board of directors declared an annual dividend of $0.20 per share of Paradise Inc. common stock, payable on April 20, 2012 to shareholders of record at the close of business on April 13, 2012.