Universal Bioenergy Announces Record Sales
Universal Bioenergy, a publicly traded independent diversified energy company, has announced that it set a new record in sales revenue for the fiscal year ending December 31, 2011. Reaching over $71.74 million, it is an estimated 73.75% mark up on the results taken at the period in 2010.
These results are however preliminary and unaudited, but the company expects the formal audit to be completed soon. Full details of its financial results will be published in its Form 10K Annual Report, filed with the SEC.
Universal Bioenergy is projecting to double its revenues again for the fiscal year in 2012 via further acquisitions in the energy marketplace, gas storage, gas trading and higher sales of natural gas, propane, oil and coal for electric power plants.