RED DEER, Alta. (CP) _ Auto repair finance specialist Rifco Inc.
(TSXV:RFC) warned Wednesday that it expects to book a $300,000 net
loss or two cents per share in 2006 but expects to turn a profit in
Revenue for fiscal 2006, which ends March 31, is expected to come
in at $3.8 million.
Rifco's said it expects net income for 2007 of about $700,000 or
four cents per share on revenues of about $7 million.
Rifco operates through its wholly owned subsidiary Repair
Industry Finance Corp. and provides auto and commercial repair
financing, new vehicle purchase loans to motorists and heavy truck
Its shares were untraded at 64 cents Wednesday on the TSX Venture