DAC Technologies Group International, Inc. (DAAT.OB) Reports First Quarter Financial Results
DAC Technologies announced its financial results for the quarter ending March 31, 2009. The company reported net sales of $3,533,456 for the quarter, a 30% increase compared to the $2,715,769 reported for the same period in 2008. Income from operations totaled $347,858 as compared to $131,512 for the same period in 2008. This represents an increase of $216,346, or 165%. Net income for the first quarter of this year totaled $184,299, a 339% increase over the $41,974 reported for the same period in 2008. David A. Collins, Chairman and CEO, commented, "The Company is finally beginning to benefit from lower…