LOGO
LOGO

Earnings News

Taiga Building Products Posts Narrower Q4 Loss

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

Taiga Building Products Ltd. (TBL.TO) reported a net loss for the fourth quarter C$1.5 million or C$0.05 per share, compared to a net loss of C$2.0 million or C$0.06 per share for the year-ago quarter.

Sales for the fourth quarter increased 10.4% to C$227.0 million from C$205.7 million last year.

The company said that in light of the continuing economic uncertainty and cautious residential housing sentiment in Canada , its Board of Directors has decided not to declare and pay the first installment payment of its semi-annual dividend policy with respect to the 2012 fiscal year's net earnings.

The decision regarding the second installment payment with respect to the 2012 fiscal year's net earnings will be announced in early January 2013, the company noted.

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.