LOGO
LOGO

Canadian News

Canam Group Q1 Loss Narrows - Quick Facts

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Construction products fabricator Canam Group Inc. (CAM.TO) reported first quarter net loss of C$1.32 million or C$0.03 per share, compared to a net loss of C$39.74 million or C$0.88 per share for the same quarter last year.

Consolidated revenue for the quarter increased by 38% to C$208.3 million compared to C$150.6 million year ago.

The company further stated that as at March 31, 2012, its backlog of orders stood at C$421 million, down 9% from C$462 million as at December 31, 2011.

For comments and feedback contact: editorial@rttnews.com

Business News

Global Economics Weekly Update - Jun 08-12, 2026

June 12, 2026 17:14 ET
Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.