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Tag "restructuring"

Coda Octopus Group, Inc. Results Following Restructuring 0

LAKELAND, FL — (Marketwire) — 03/09/12 — Coda Octopus Group, Inc. (PINKSHEETS: CDOC) announced today its full year unaudited financial results following comprehensive restructuring of the Group over the previous two years.For the year ending October 31st, 2011, the Group achieved revenues of $15.7m, up from $11.5m for the previous year, and Net Income of $1.1m versus a loss of $1.8m in the previous year. This is the first time since its formation in 2004 that the Group has achieved a profit

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