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Kingstone Companies Swings To Q1 Profit - Quick Facts

May 18, 2010, Tuesday, 19:16 GMT | 14:16 EST | 23:46 IST | 02:16 SGT

(RTTNews) - Kingstone Companies, Inc. (KINS) reported net income for the first quarter of $232,394 or $0.08 per share, compared to a loss of $171,514 or $0.06 per share for the year-ago quarter.

Revenue for the first quarter roes to $4.42 million from $112,000 a year ago.

Barry Goldstein, Kingstone's Chairman and CEO, said, "Kingstone Insurance Company drove our positive results."