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Allou Health & Beauty Care

This article was originally published in The Rose Sheet

Executive Summary

Sales up 34% to $147.4 mil. in first quarter, ended June 30, firm announces Aug. 14. Net earnings more than double to $678,073 from $274,425 the previous year, including a $1.5 mil. non-cash charge related to the valuation of warrants. Based on results, company said it is "confident" its previously announced goals of approximately $600 mil. in annual sales and earnings of $1.00 per share will be achieved...



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