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....