Western Pacific Trust Company (TSX VENTURE:WP) ("WPTC" or the "Company")
announces its financial results for the first quarter ended March 31, 2013,
including record revenue growth and a net profit for the three months. 


Key Results for the first quarter:



--  Revenue grew by $94,461 compared to prior year Q1 results (111% growth)

--  Net Income before Amortization & Finance Expense of $23,215, compared to
    loss of $51,107 for prior year Q1 

--  Net Income for the Quarter of $20,744, compared to loss of $53,061 for
    prior year Q1 



The Financial Statements and Management Discussion and Analysis for the period
ended March 31, 2013, along with additional information about the Company and
all of its public filings are available at www.sedar.com. The results for the
quarter are summarized below:




---------------------------------------------------------------------------
                         Summary Financial Results                         
---------------------------------------------------------------------------
                                               Three Months Ended March 31 
---------------------------------------------------------------------------
---------------------------------------------------------------------------
                                                        2013           2012
---------------------------------------------------------------------------
Revenue                                              179,630         85,169
---------------------------------------------------------------------------
General & Administrative Expenses                  (156,415)      (136,276)
---------------------------------------------------------------------------
---------------------------------------------------------------------------
Net Income (Loss) before Amortization and                                  
 finance expense                                      23,215       (51,107)
---------------------------------------------------------------------------
Amortization and Finance Expense                     (2,471)        (1,954)
---------------------------------------------------------------------------
Net Income(Loss)                                      20,744       (53,061)
---------------------------------------------------------------------------
---------------------------------------------------------------------------
Loss per share (basic and diluted)                     0.000        (0.003)
---------------------------------------------------------------------------



About Western Pacific Trust Company

WPTC is a non-deposit taking financial corporation, licensed as a Trust Company
under the Financial Institutions Act ("FIA") in British Columbia. WPTC is also
registered extra-provincially in Alberta as a non-deposit taking Trust Company.
The Company's primary activity is to act as a trustee for self-administered
plans registered under the Income Tax Act (Canada). Additional corporate
information is available at www.westernpacifictrust.com.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Western Pacific Trust Company
Alison Alfer
(604) 683-0455
aalfer@westernpacifictrust.com
www.westernpacifictrust.com

Western Pacific (TSXV:WP)
Historical Stock Chart
From Oct 2024 to Nov 2024 Click Here for more Western Pacific Charts.
Western Pacific (TSXV:WP)
Historical Stock Chart
From Nov 2023 to Nov 2024 Click Here for more Western Pacific Charts.