Firan Technology Group Corp. (FTG.TO) Wednesday reported a decline in profit for the third quarter. However, the company posted higher revenues in the same quarter.
The Toronto, Canada-based company's third-quarter net earnings were C$155 thousand or C$0.01 per share, compared to C$332 thousand or C$0.02 per share last year.
Comprehensive loss for the quarter was C$58 thousand, compared to a comprehensive income of C$527 thousand in the similar quarter last year.
Total revenues for the quarter grew to C$14.1 million from C$13.7 million in the comparable quarter last year.
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