Decorator Industries Reports Earnings and Sales for Fiscal Year 2005.

Publication: PR Newswire

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COPYRIGHT 2006 PR Newswire Association LLC

PEMBROKE PINES, Fla., Feb. 28 /PRNewswire-FirstCall/ -- Decorator Industries, Inc. today reported that net income for the fiscal year ended December 31, 2005 was $1,364,814 or 46 cents per diluted share, compared with $1,394,698 or 47 cents per diluted share, for fiscal 2004. Net income for the fourth quarter of fiscal 2005 was $358,109, or 12 cents per diluted share, compared with $360,182, or 12 cents per diluted share in last year's fourth quarter.

Sales for fiscal 2005 were $50,525,343 compared with $50,449,214 in the prior year. This quarter's sales increased to $12,220,836 from $11,212,821 in the fourth quarter of last year.

Mr. Bassett, Chairman, stated:

"Sales to our Recreational Vehicle (RV) customers were $28,621,000, a decrease of about 8% from fiscal 2004. RV sales for the fourth quarter were $7,043,000, an increase of about...

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