Dynasty Limousine Inc., a full service Luxury Transportation and Limousine firm covering the southeast United States, has released its full year financial reports and information statement via the OTC Markets web portal. 2011 saw the highest revenues in the company’s 14 year history.
Revenues for the period were $718,494 which is a 2.1% gain over 2010. Net profit after expenses was $142,626, and the company had assets of $1,256,759 as of the end of 2011. Pierce Fleming, Dynasty Limousine’s V.P. and C.F.O., commented on the overall performance for the year. “We are pleased with how the year finished and the effort made by our outstanding staff. 2011 was a transitional year for Dynasty and we worked hard for the results that were achieved. A large amount of time, effort, and money was spent selling and replacing limousines this year and we had a period of several months with a reduced fleet. The fact that we were able to generate our highest revenues ever with fewer cars in the latter part of the year is very exciting. Now that all these new vehicles are in the fleet, we expect our busy season coming up to be the best yet for both Dynasty and the clients that charter with us. Many thanks go out to our professional chauffeurs and the great care that they take of our valued client base.”
Interested parties can view the full 2011 Annual Report and Information Statement via the following link: http://www.otcmarkets.com/financialReportViewer?symbol=DNYS&id=72717
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