
Rouchon Industries Inc. (PINK SHEETS:RCHN) a leading producer of advanced air and liquid cooling solutions for the IT industry, is pleased to announce record annual sales of $3.2 million in 2010, an increase of 22 percent over the previous year.
2010 Key Financial Highlights:
- $3.2 Million in gross revenue
- Revenue increased 22% ($600k) year over year
- Gross profit was up 41%
- Net income before taxes up 121% to $197K
- Zero Long-Term Debt
The company's performance in 2010 continues a trend of increasing revenues and profits since 2003. Investors are urged to review relevant graphs at: http://www.swiftech.com/investorrelations.aspx. "I am very pleased to report that Swiftech had its best year ever in 2010. Gross profit was up 41%, and net income before taxes jumped 121%. This allowed us to re-invest the cash proceeds into production equipment, while keeping our long term debt to zero," said Gabriel Rouchon, the company's Chairman & CTA.
The complete Report is available online at http://www.otcmarkets.com/stock/RCHN/financials.
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