Hammond Manufacturing Company Limited Announces Financial Results for the first Quarter Ended April 2, 2010
06 Maio 2010 - 4:15PM
Marketwired Canada
Hammond Manufacturing Company Limited (TSX:HMM.A) -
Three months ending:
4/2/10 4/3/09
Net Sales $ 19,617,000 $ 19,760,000
Earnings from operations before
interest, foreign exchange equity
interest and taxes $ 916,000 $ 932,000
Net Earnings $ 326,000 $ 438,000
Earnings per share $ 0.03 $ 0.04
Average Shares outstanding 11,334,300 11,334,300
Net Book value per share $ 2.40 $ 2.40
First quarter results provided a profit of $326,000. This consisted of a
$916,000 earnings from operations and $210,000 loss from foreign exchange
valuation as the Canadian dollar strengthened.
Our continued focus is on cost reduction and market share growth.
Hammond Manufacturing Company Limited manufactures a broad range of products for
the electronic and electrical products industry, including metallic and
non-metallic enclosures, racks, small cases, outlet strips, surge suppressors
and electronic transformers.
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