logo
Share SHARE
FONT-SIZE Plus   Neg

Jewett-Cameron Posts Higher Q2 Profit

Jewett-Cameron Trading Company Ltd. (JCTCF: Quote,JCT.TO: Quote) reported net income for the second quarter of $1.3 million or $0.71 per share, compared to $496,949 or $0.25 per share for the year-ago quarter.

The latest quarter results include a reversal of litigation reserves of $1.44 million and interest expense of $16,023.

Sales for the second quarter declined to $11.75 million from $11.86 million a year earlier.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Editors Pick
Internet giant Google Inc. (GOOGL, GOOG) has launched a new online flight search tool that makes it easy to find out the best flight deal. The tool dubbed "Google Flights" provides a calendar that one can scroll through and see the lowest fare highlighted for each day. One can also use the lowest... Hyperloop Transportation Technologies, a start-up that has adopted Elon Musk's ambitious project of high-speed transportation system, plans to build a Hyperloop test track in California and completed as early as 2016. Hyperloop Test Technologies, a crowd-funded company, plans to take Musk's dream... Colors have set the social media afire after an otherwise innocuous photo of a bodycon dress kept users guessing as to what hues permeate it. Opinions are divided, with some seeing the dress as white and gold, and others as blue and black. The photo was posted on Tumblr by a user called Swiked.
comments powered by Disqus
Follow RTT