FirsTime Design Limited Announces Second Quarter Results

NEW BERLIN, Wis.--()--FIRSTIME DESIGN LIMITED (FTDL) today announced net sales for the six months ended June 30, 2014 of $3,971,000 an increase of 5.4% compared to the same period last year. The Company reported consolidated net income of $308,000 or $0.20 per common share, an increase of 6.9% compared to the same six-month period last year. Second quarter net income was $168,000 or $0.11 per common share, an increase of 8.4%, as compared to a net income of $156,000 or $0.10 per common share for the same quarter last year. FTDL ended the quarter with $1,913,000 of cash and cash equivalents on the balance sheet.

About FirsTime Design Limited

FirsTime Design Limited, through its subsidiary, FirsTime Manufactory, Inc., is an industry leading designer, marketer and distributor of timepieces, thermometers and other home d├ęcor products sold at major-national retailers. More information can be found at: www.firstimeonline.com or http://www.otcmarkets.com/stock/FTDL/quote

Contacts

FirsTime Design Limited
Julie Kren, 262-364-5200 x101

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Contacts

FirsTime Design Limited
Julie Kren, 262-364-5200 x101