Pro-Fac Announces Third Fiscal Quarter 2008 Results
09 Mayo 2008 - 10:30AM
PR Newswire (US)
FAIRPORT, N.Y., May 9 /PRNewswire-FirstCall/ -- Pro-Fac
Cooperative, Inc. ("Pro-Fac" or the "Cooperative") (NASDAQ:PFACP),
an agricultural cooperative, filed its Report on Form 10-QSB for
the fiscal quarter ended March 29, 2008, today with the Securities
and Exchange Commission. The Form 10-QSB among other things
includes Pro-Fac's financial results for the third quarter of
fiscal 2008. For the fiscal quarter ended March 29, 2008, Pro-Fac
had net income of $0.2 million. The income for the quarter ended
March 29, 2008, resulted primarily from investment income earned of
$0.3 million, net of normal operating expenses of approximately
$0.5 million and a tax-benefit of $0.3 million. ABOUT PRO-FAC
COOPERATIVE, INC.: Pro-Fac Cooperative is an agricultural
cooperative that markets crops grown by its member-growers,
including fruits (cherries, applies, blueberries, and peaches),
vegetables (snap beans, beets, peas, sweet corn, carrots, cabbage,
squash, asparagus and potatoes) and popcorn. Only growers of crops
marketed through Pro-Fac (or associations of such growers) can
become members of Pro-Fac. Pro-Fac's Class A cumulative preferred
stock is listed on The Nasdaq Capital Market under the stock
symbol, "PFACP". More information about Pro-Fac can be found on its
web site at http://profaccoop.com/ . DATASOURCE: Pro-Fac
Cooperative, Inc. CONTACT: Kevin Murphy of Pro-Fac Cooperative,
Inc., +1-585-218-4210 Web site: http://profaccoop.com/
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