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GBO INC.

04:06 PM EST - GBO INC. : posted second-quarter net earnings of $3.5 million or $0.11 per share compared with $300,000 or $0.01 per share in the prior-year period. Net sales for the quarter decreased to $11.3 million from $17.6 million in the same period of the previous year. GBO INC. shares V.GBO are trading even at $0.16.