BWI Holdings, Inc. (BWIH.OB) Reports Fourth Quarter Results and Year End Operating Results
BWI Holdings, Inc. was pleased to announce this morning the results of its subsidiary's (Budget Waste Inc.) operations for the year ended March 31, 2009. For the three months and year ended March 31, 2009, the company generated revenues of $2,017,000 and $11,777,000 respectively, compared to $4,091,000 and $16,680,000 for the three months and year ended March 31, 2008. The decrease was expected in view of the downturn of the residential and industrial construction markets. Mr. Bruce Milroy, CFO, stated, "On March 4, 2009 we announced that as a result of the global financial crisis and economic downturn that we…