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Perlite Canada maintains upwards sales trajectory despite net losses

By Josie Shillito
Published: Wednesday, 01 April 2015

Upping perlite product prices last year appears to have been the right move for Perlite Canada, which posted an increase in revenues year-on-year in its first quarter 2015 results. However, mounting costs associated with a weaker Canadian dollar caused a net loss to the producer over the past three months.

Perlite Canada has continued to strengthen its revenues despite making a net loss of Canadian dollar (C$) 111,549 ($87,881*) over the first quarter of 2015. 

The group’s results for Q1 2015 year show a 3.3% increase in sales to C$1.39m compared with the same period last year....

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