Ofek Capital Corp.
announced Apr. 24 the issuance and submission to SEDAR, the System for Electronic Document Analysis and Retrieval for public securities filings at www.sedar.com, of its consolidated financial statement for the first quarter ending January 31, 2002.
Comparative results between Q1 ending January 31, 2001 and Q1 ending January 31, 2002, according to the company were as follows:
Management expects Ofek's only currently operating subsidiary, AJM Leasing, to expand its revenues at a rate of more than 25 percent annually, to continue to reduce losses and expand positive cash flow from operations into the foreseeable future.
About Ofek CapitalOfek Capital, www.OfekCapital.com
is a North American financial services company that operates
within the sub prime lending and financing market.
Ofek Capital subsidiaries include: AJM Leasing, Mortgage Bankers of North America, and SecondaryMarkets.
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