P & F Industries Reports Fourth Quarter and Year-End 2001 Results.

Business Wire (March 21, 2002)


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Headnotes:

Extract:

P & F Industries Reports Fourth Quarter and Year-End 2001 Results.

Business Editors

FARMINGDALE, N.Y.--(BUSINESS WIRE)--March 21, 2002

P & F Industries, Inc. (Nasdaq NM: PFIN), today announced results from operations for the fourth quarter and year ended December 31, 2001.

Revenues for the fourth quarter of 2001 were $17.1 million, versus $19.3 million for the fourth quarter of 2000. Net income for the quarter totaled $476,885, or diluted earnings per share of $0.13, compared to $778,447, or diluted earnings per share of $0.21, for the comparable period of 2000.

For the year ended ...



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