Sports Resorts International, Inc. Reports First Quarter 2005 Results
OWOSSO, Mich., May 13, 2005 -- Sports Resorts International, Inc. (the "Company") today reported its operating results for the first quarter of 2005.
For the quarter ending March 31, 2005, the Company recorded revenue of $3,285,000 as compared to revenue of $4,722,000 for the same period in 2004. For the quarter ending March 31, 2005, the Company reported a net loss of $642,000 or $(0.01) per share. For the same period in 2004, the Company reported a net loss of $398,000 or $(0.01) per share.
The Company's 2005 First Quarter Report on Form 10-Q has been filed with the U.S. Securities and Exchange Commission and is available from the Company upon request.
Currently, the Company through its wholly-owned subsidiaries, manufactures and markets high-quality drop-in bedliners and other truck accessories for the original equipment manufacturers and automotive aftermarket business and owns and operates a multi-purpose motor-sports facility located near Brainerd, Minn.