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Allied Healthcare Net Income Increases
Date:11/7/2008

ST. LOUIS, Nov. 7 /PRNewswire-FirstCall/ -- Allied Healthcare Products Inc. (Nasdaq: AHPI) reported that its net income for the first quarter ending September 30 increased 139 percent, from about $87,000 last year, or about 1 cent per share, to about $208,000 in the current quarter, or about 3 cents per share, primarily on increased sales.

Net sales for the first quarter of the company's 2009 fiscal year improved by about 2.4 percent, or $340,000 to $14.4 million. Actual orders for the quarter were only slightly ahead of last year. However, Allied increased net sales by working down its backlog of orders.

While prices for commodities such as sheet steel and brass increased more than 6 percent over last year's average costs, Allied achieved price reductions for non-commodity items such as electronics and plastic components that helped offset the increases in commodity prices, enhancing margins. Selective price increases totaling about 2 percent over the previous year also boosted Allied margins.

Allied introduced the first in a line of mass casualty ventilators in October. The devices, designed specifically for use in pandemics, natural disasters or terrorist attacks, will be launched throughout the 2009 fiscal year.

Allied Healthcare Products, Inc. manufactures a variety of respiratory products used in the healthcare industry in a range of hospital and alternate care site settings including sub-acute care facilities, home healthcare and emergency medical care. The Company's product lines include respiratory care products, medical gas equipment and emergency medical products. Its products are marketed to hospitals, hospital equipment dealers, hospital construction contractors, home healthcare dealers and emergen
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SOURCE Allied Healthcare Products Inc.
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