Monday, Alternative Fuel Systems Inc. (AFX.V) reported a third-quarter profit of C$277.3 thousand, compared to a loss of C$127.9 thousand in the same quarter last year. Revenue for the third quarter was C$1.3 million.
For the nine-month period, profit was C$294.0 thousand, compared to a loss of C$413.4 thousand in the same period last year. On a per share basis, net income for the nine-month period was C$0.02. Total revenue increased to C$2.7 million from C$1.3 million in the year ago period.
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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.