Green Parts International Inc (OTC:GNPT)

Third Quarter 2013 Results

• The company reported revenue of $4.15 million compared to $2.438 million for the same quarter 2012.
• The company reported earnings of $0.0006 per share compared to a loss of $0.0033 for the same quarter 2012.

President/CEO Balagamwala also commented, "While our industry was in decline, we are very proud to have been achieving growth over the past two years. Given the steel industry has been one of the top gaining industries during the fourth quarter, we feel that we are poised to capitalize."

Balagamwala continued, "We are part of a $500 billion a year industry that's in recovery and we have implemented several productivity improvements to address the increase in demand we have seen from the mills. In addition, we are aggressively pursuing strategic opportunities to expand our presence in the Mid-South and will be releasing details of our international opportunities in the near future. All in all, we are very excited about an explosive 2014."

ATLANTA, June 20, 2013 /PRNewswire/ -- GreenParts International Inc. (OTCQB:GNPT) announces filing of 10Q for period ending March 30, 2013 elevating GNPT from the pink sheets to OTCQB status.

President and CEO Asif Balagamwala is pleased to announce, "Our revenues for the period ending March 30, 2013 were $3.23 million. Compared to the same period in 2012 this represents nearly a 9% increase in our quarterly comparison." Balagamwala continued, "Before non-cash items our income was $75,970, compared to a loss of ($39,969) for the same period." He also added, "We are very pleased that our goal of increasing volume without sacrificing margins is being met and remain very excited about the direction of our company."

In regards to being elevated to OTCQB status The CEO stated, "In our previous announcement I stated that GNPT will provide high quality disclosure to our investors making every effort to ascend the OTC Markets reporting system." The CEO went on to say, "Filing the 10Q and becoming a OTCQB reporting company is yet another milestone in our plan to execute in all facets of our business and we are very much looking forward to announcing additional milestones as they are finalized."

ATLANTA, May 14, 2013 /PRNewswire/ -- Green Parts International, Inc. (Pink Sheets: GNPT), GNPT.PK, announced today a general update on the progress and status of the company.  As a "green" company, GP engages in the recycling of vehicles and appliances.  The recycling of these products covers markets ranging from automotive, steel, oil, and other metals like copper and aluminum.  Green Parts International, together with its subsidiaries, provides service and products around the world, primarily in the US, Far East (South Korea) and India.

Green Parts International announces it's nearing completion of its Audit for 2012 annual financials and its intent to ascend the OTC Markets Tier structure.

A statement from President/CEO Balagamwala  commented, "As a Small Cap Emerging Growth company we recognize the importance of providing high quality disclosure to increase investor confidence."  Balagamwala added, "In our effort to execute on our acquisition strategy and develop our new verticals, we feel it crucial to move up the OTC Markets reporting levels and provide the information necessary to secure the trust of not only our investors but our financing partners."

ATLANTA, March 6, 2013 /PRNewswire/ -- Green Parts International, Inc. (Pink Sheets: GNPT), GNPT.PK, announced today a general update on the progress and status of the company.  As a "green" company, GP engages in the recycling of vehicles and appliances.  The recycling of these products covers markets ranging from automotive, steel, oil, and other metals like copper and aluminum.  Green Parts International, together with its subsidiaries, provides service and products around the world, primarily in the US, Far East (South Korea) and India.

Green Parts International announces annual financials for the year ending December 31, 2012. The total revenues aggregate were $12,535,583 GNPT, had net income of $521,405, and a 4.16% net income level. In addition, excluding onetime charges the net income would have been $975,263.00, a 7.78% net income level. 

A statement from President/CEO Asif commented, "Over the past several years GNPT has aggressively and successfully restructured its debt service and streamlined its operations. In addition, GNPT continues to seek cost cutting measures while focusing on strategic growth initiatives and increasing synergies between metal recycling business and auto parts business. In the coming months GNPT will be announcing market outlooks and various other statements regarding its plans to initiate new verticals and capitalize on strategic opportunities."