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Strong sales for Methodist publishing house |
Sunday, 01 April 2007 08:00 PM America/New_York |
The United Methodist Publishing House (UMPH) has reported a strong financial performance during the first two quarters of the fiscal year, which ended in January, the United Methodist News Service (UMNS) said. Larry Wallace, senior vice president of finance and administration, said total sales were $55.7 million, exceeding budget by $1.1 million. Expenses were lower than budgeted by more than $800,000, and net operating revenue for the six-month period was $1.3 million ahead of budget, said UMNS. The financial numbers were reported during the UMPH board of directors spring meeting March 27-28. Company officials said the robust figures were due to new publications for children and adults, including the children's Sunday school curriculum “Live B.I.G.,” the stewardship study guide “Treasures of the Transformed Life” and the African-American songbook Zion Still Sings. |