Perlite Canada releases Q3 2014 financial results

By James Sean Dickson
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....

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