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Restaurant operator's income up

has seen its sales for the year go up by nearly nine percent, according to the company's annual results.

A report from company president Paul King said sales for the year ended June 30, 1999, were $4,400,283 compared to $4,045,909 in 1998.

Net income grew three and a half times to $242,208 from $69,882 and earnings per share stood at $0.48, which was up from $0.14 in 1998. Total Assets of the company stood at $3,468,544 compared to $3,461,945 in 1998 and Net Assets climbed to $1,319,181 from $1,076,973.

Mr. King attributed the improved performance of the company to the new management team.

BUSINESS BUC