Chicago Rivet & Machine Co. Announces Second Quarter Results of Operations

NAPERVILLE, Ill., Aug. 7, 2023 /PRNewswire/ -- Chicago Rivet & Machine Co. (NYSE American: CVR) today announced results for the second quarter of 2023 as summarized below:

CHICAGO RIVET & MACHINE CO. Summary of Consolidated Results of Operations For the Three and Six Months Ended June 30
	Second Quarter		First Six Months
	2023	2022	2023	2022
Net sales	$8,050,931	$9,023,398	$16,780,656	$18,221,094
Income (loss) before income taxes	(1,665,506)	194,904	(2,402,643)	765,217
Net income (loss)	(1,311,506)	153,904	(1,894,643)	601,217
Net income (loss) per common share	(1.36)	.16	(1.96)	.62
Average common shares outstanding	966,132	966,132	966,132	966,132
(All figures subject to year-end audit)

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SOURCE Chicago Rivet & Machine Co.