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Alternative Fuel Systems Swings To Profit In Q3 - Quick Facts

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

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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Global Economics Weekly Update: April 13 – April 17, 2026

April 17, 2026 15:29 ET
The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.