M Line Holdings, Inc. Announces Revenue Results for the Nine Months Ended March 31, 2014; Provides Earnings Guidance for the Nine Months Ended March 31, 2014
April 30, 2014 at 01:35 pm
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M Line Holdings, Inc. announced revenue results for the nine months ended March 31, 2014. For the period the company's revenues continue to increase and are up 25% to $8,426,251 as compared to $6,741,292 for the nine months ended March 31, 2013.
For the nine months ended March 31, 2014. Profits are estimated to be $468,942 compared to a loss of $1,357,501 for the nine months ended March 31, 2013, representing a $1,826,443 improvement.
M Line Holdings, Inc. is a holding company. The Company is focused on the beverage branding and distribution industry, the food and beverage distributing business, coal industry, the aerospace industry and business financing. Its subsidiaries include Best Choice Food and Beverage, LLC, a food and beverage distributing company; M Line Coal Development, Inc., which intends to acquire permits for the mining and distribution of coal out of mines located in Kentucky; M Line Transportation, Inc., which is formed to manage the transportation of mined coal to its distribution points; Precision Aerospace & Technologies, Inc., which manufactures precision metal component parts and assemblies; and M Line Machinery Funding, Inc., which provides advice and support in raising new capital, management support in relation to financial control and management of the business.
M Line Holdings, Inc. Announces Revenue Results for the Nine Months Ended March 31, 2014; Provides Earnings Guidance for the Nine Months Ended March 31, 2014