Heidi’s Frogen Yozurt Shoppes, Laguna Hills, reported...
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Heidi’s Frogen Yozurt Shoppes, Laguna Hills, reported that net income totaled $167,979 for the second quarter ended March 31. The company reported a net loss of $232,619 for the comparable period a year ago. Revenue rose 42% to $1.6 million from $1.2 million a year earlier. The 1988 revenue figure included an $800,000 initial franchise fee from Nissin Sugar Manufacturing Co. for stores in Tokyo. The company lost $348,889 for the first six months of the year. It had reported a loss of $768,214 for the first half last year. Revenue increased 48% to $2.8 million from $1.9 million in the comparable period last year.
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