Reko Announces Second Quarter Results for Fiscal 2014

WINDSOR, ONTARIO--(Marketwired - March 6, 2014) - Reko International Group Inc. (TSX VENTURE:REK) today announced results for its second quarter ended January 31, 2014.

Financial Highlights:
	Three Months				Six Months
	(unaudited)				(unaudited)
		Fiscal		Fiscal		Fiscal		Fiscal
		2014		2013		2014		2013
Sales	$	9,298	$	10,504	$	17,767	$	21,241
Net income		54		212		96		963
EPS basic		0.01		0.03		0.02		0.15
Working capital						8,682		8,395
Shareholders' equity						27,819		26,995
Shareholders' Equity per Share						4.33		4.20

Consolidated sales for the quarter ended January 31, 2014, were $9.3 million, compared to $10.5 million in the prior year, a decrease of $1.2 million or 11.4%. The decrease in sales was largely related to decreases in demand across all markets. Consolidated sales for the six months ended January 31, 2014 were $17.8 million, compared to $21.2 million in the prior year, a decrease of $3.4 million, or 16.0%.