Perlite Canada reports higher revenues but losses persist

By Davide Ghilotti
Published: Thursday, 07 April 2016

The Canadian perlite and vermiculite manufacturer saw an increase in revenues in the first trimester of the year although unfavourable currency movements led once again to net losses.

TSX-V-listed Perlite Canada Inc. turned revenues of Canadian dollar (C$) 1.72m ($1.31m*) in the first quarter of 2016 – a 23.5% increase on the same period last year.

However, the perlite and vermiculite manufacturer recorded a loss before taxes and net loss total C$75,881 in the three month...

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