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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 10, 2012. Chicago Rivet & Machine Co. (NYSE MKT, symbol: CVR) today announced results for the second quarter of 2012 as summarized below:
CHICAGO RIVET & MACHINE CO.
Summary of Consolidated Results of Operations
For the Three and Six Months Ended June 30
Second Quarter
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First Six Months
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2012
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2011
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2012
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2011
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Net sales
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$ | 8,429,201 | $ | 8,134,104 | $ | 17,629,519 | $ | 15,948,472 | ||||||||
Income before income taxes
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655,432 | 872,521 | 1,385,166 | 1,049,543 | ||||||||||||
Net income
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440,432 | 587,521 | 934,166 | 704,543 | ||||||||||||
Net income per share
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.46 | .61 | .97 | .73 | ||||||||||||
Average shares outstanding
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966,132 | 966,132 | 966,132 | 966,132 |
(All figures subject to year-end audit)
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Contact:
Kimberly A. Kirhofer
Chicago Rivet & Machine Co.
(630) 357-8500