Mile Marker announces income for third quarter

Mile Marker International Inc, a specialty vehicle parts distributor, reported revenues and net income for the three and nine months ending Sept 30, 2002. The firm also announced its first cash dividend of $0.015 per common share.

In its Form 10-QSB filing with the United States Securities and Exchange Commission, Mile Marker announced net income of $83,682 for the three months ending Sept 30, 2002, based on sales revenues of $1,906,837. This compares with net income of $459,684 based on sales revenues of $3,086,174 for the same period in 2001.

The firm tallied record net income of $1,114,908 for the nine months ending Sept 30, 2002 on sales revenues of $8,299,752, compared with net income of $848,132 based on sales revenues of $7,710,854 for the same period in 2001.

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