SkyPostal Networks Inc. (SKPN.OB) Announces 40% Increase in Q1 Revenue; Appointment of Prestigious New Member to Board of Directors
SkyPostal Networks Inc. is an international mail distribution company specializing in the hand delivery of commercial mail, periodicals and parcels in the Latin American - Caribbean region (LAC). The company has established itself as one of the largest private mail networks in Latin America, executing the delivery of mail from European entities with time-sensitive deliveries, such as major publishers, mail consolidators, international mailers and financial institutions. The company recently announced its first-quarter results, posting sales at $2.4 million, a 40-percent increase over the $1.7 million reported last year. The company also reported an increase in gross margin, at 25 percent…