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8-K - FORM 8-K - CHICAGO RIVET & MACHINE CO | form8-k.htm |
Exhibit 99.1
FOR IMMEDIATE RELEASE
Chicago Rivet & Machine Co. Announces Year End Earnings.
Naperville, IL, March 28, 2011. Chicago Rivet & Machine Co. (NYSE Amex, symbol: CVR) today
announced audited results for the year 2010 as summarized below:
CHICAGO RIVET & MACHINE CO.
Summary of Consolidated Results of Operations
For the Year Ended December 31
2010
|
2009
|
|||||||
Net sales
|
28,520,510 | $ | 21,391,003 | |||||
Income (loss) before income taxes
|
894,025 | (1,959,751 | ) | |||||
Net income (loss)
|
606,025 | (1,282,751 | ) | |||||
Net income (loss) per share
|
.63 | (1.33 | ) | |||||
Average shares outstanding
|
966,132 | 966,132 |
Contact:
Kimberly A. Kirhofer
Chicago Rivet & Machine Co.
(630) 357-8500