Hammond Manufacturing Company Limited Announces Financial Results for Third Quarter Ended October 2, 2015
/EINPresswire.com/ -- GUELPH, ONTARIO -- (Marketwired) -- 11/02/15 -- Hammond Manufacturing Company Limited (TSX: HMM.A) -
Nine months ending: Three months ending:
10/02/15 9/26/14 10/02/15 9/26/14
Net Product Sales $ 89,450,000 $ 76,867,000 $ 29,941,000 $ 25,899,000
Income from operating
activities(i) 4,850,000 4,376,000 $ 1,636,000 $ 1,442,000
Net Income for Period 2,470,000 2,653,000 $ 705,000 $ 749,000
Total comprehensive
income for the period 4,143,000 3,143,000 1,346,000 1,192,000
Earnings per share
Basic $ 0.22 $ 0.23 $ 0.06 $ 0.07
Diluted $ 0.22 $ 0.23 $ 0.06 $ 0.07
(i) Earnings from operations is before interest, foreign exchange, equity
interest, other income and taxes
NOTE: The interim financial results have not been reviewed by an auditor
To all employees and shareholders:
Foreign exchange continues to provide the opportunity to price competitively and bring in additional business.
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.
Contacts:
Hammond Manufacturing Company Limited
Robert F. Hammond
Chairman and CEO
(519) 822-2960
(519) 822-7289 (FAX)
ir@hammfg.com
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