Western Power Records Profit, Volume Increases

Nov. 8, 2004
Western Power and Equipment Corp., a Vancouver, Wash.-based dealer for Case and about 30 other manufacturers, last week reported net income of $1.9 million for its fiscal year ended July 31, 2004, compared with net income of $412,000 for the previous ...

Western Power and Equipment Corp., a Vancouver, Wash.-based dealer for Case and about 30 other manufacturers, last week reported net income of $1.9 million for its fiscal year ended July 31, 2004, compared with net income of $412,000 for the previous fiscal year. Fiscal year 2004 revenues were $115.5 million, compared to $102.4 million for the prior year.

Revenues were $33.4 million for its fiscal fourth quarter, a 16 percent year-over-year fourth quarter increase.

Although rental revenues were not available, rental revenues for the previous fiscal year were about $5 million.