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Hi-Rise Reports Lower Quarterly Revenues

Article-Hi-Rise Reports Lower Quarterly Revenues

Miami -- Hi-Rise Recycling Systems Inc. has reported revenues for the quarter ended June 30, 2001, of $14.2 million, compared with revenues of $18.3 million for the same quarter last year. Net loss was $6.1 million, compared with net income of $21,000 for the same quarter last year.