Antigua Enterprises Inc. posted strong growth across the income statement for the first quarter ended March 31, 2005. Sales for the company rose 6.6% to $9.4 million from $8.8 million for the same period of 2004. Gross margin as a percentage of sales increased 90 basis points to 37%, while SG&A expenses improved 50 basis points to 31.6% of sales. Net income soared 411% to $.189 million from $37,000 in Q1 last year.
