Hammond Manufacturing Company Limited Announces Financial Results for Third Quarter Ended September 30, 2016
/EINPresswire.com/ -- GUELPH, ONTARIO--(Marketwired - Oct 28, 2016) - Hammond Manufacturing Company Limited (TSX:HMM.A) -
| Nine months ending: | Three months ending: | ||||
| 9/30/2016 | 10/02/15 | 9/30/2016 | 10/02/15 | ||
| Net Product Sales | $87,729,000 | $89,450,000 | $27,944,000 | $29,941,000 | |
| Income from operating activities(*) | 1,624,000 | 4,850,000 | 188,000 | 1,636,000 | |
| Net Income (Loss) for Period | 819,000 | 2,470,000 | (296,000) | 705,000 | |
| Total comprehensive income (loss) for the period | (225,000) | 4,143,000 | (82,000) | 1,346,000 | |
| Earnings (Loss) per share | |||||
| Basic | $0.07 | $0.22 | ($0.03) | $0.09 | |
| Diluted | $0.07 | $0.22 | ($0.03) | $0.09 | |
To all employees and shareholders:
We have seen some improvement over the previous quarter in our operations as our new facility comes on line. Our markets continue to provide relatively flat activity.
Hammond Manufacturing Company Limited manufactures a broad range of products for the electronic and electrical products industry, including metallic and non-metallic enclosures, racks, small cases, outlet strips, surge suppressors and electronic transformers.
Hammond Manufacturing Company Limited
Robert F. Hammond
Chairman and CEO
Tel. (519) 822-2960
(519) 822-7289
ir@hammfg.com
