Canadian News
FONT-SIZE Plus   Neg
Share SHARE
mail  E-MAIL

Opmedic Q2 Profit Slips

4/13/2012 11:07 AM ET

Opmedic Group Inc. (OMG.TO: Quote), Friday, reported a decline in profit for the second-quarter on lower revenues.

The Mount Royal, Quebec-based company reported a second-quarter net profit of C$378 thousands or C$0.02 per share, compared to C$1.038 million or C$0.06 per share.

Total revenues for the quarter dropped 10 percent to C$4.456 million from C$4.928 million in the prior-year quarter.

The company declared a cash dividend of $0.02 per share, payable on April 30.

The company also said Ken Newport resigned as director on April 2, to pursue other professional responsibilities.

Click here to receive FREE breaking news email alerts for OPMEDIC Group Inc. J and others in your portfolio

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

comments powered by Disqus