Perlite Canada releases Q3 2014 financial results
Published: Monday, 06 October 2014
The perlite and vermiculite supplier has seen its revenues and earnings fall, following a weak set of sales, foreign exchange pressures, and write-downs of company property.
Montreal-based Perlite Canada Inc.s revenues fell by
around 9% in Q3, year-on-year (y-o-y), from Canadian dollar
(C$) 1.45m ($1.29m*) to C$1.33m. A 39.1% fall in earnings
before taxes was mainly attributed to weaker sales, dropping
from C$44,106 to C$24,454....