HAMMOND MANUFACTURING COMPANY LIMITED announces financial results for third quarter ended September 29, 2017:
| Nine months ending: | Three months ending: | |||||||||
| 9/29/2017 | 9/30/2016 | 9/29/2017 | 9/30/2016 | |||||||
| Net Product Sales | $96,634,000 | $87,729,000 | $31,421,000 | $27,944,000 | ||||||
| Income from operating activities(*) | 4,763,000 | 1,624,000 | 1,032,000 | 188,000 | ||||||
| Net Income (loss) for Period | 3,742,000 | 819,000 | 1,161,000 | -296,000 | ||||||
| Total comprehensive income (loss) for the period | 2,612,000 | -225,000 | 549,000 | -82,000 | ||||||
| Earnings (Loss) per share | ||||||||||
| Basic | $0.33 | $0.07 | $0.10 | -$0.03 | ||||||
| Diluted | $0.33 | $0.07 | $0.10 | -$0.03 | ||||||
| (*) 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 | ||||||||||
GUELPH, Ontario , Oct. 25, 2017 (GLOBE NEWSWIRE) --
To all employees and shareholders:
Our markets remain strong and we continue to take advantage of this strength.
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.
For information, contact:
Hammond Manufacturing Company Limited
Robert F. Hammond, Chairman and CEO
Tel. (519) 822-2960
Fax. (519) 822-7289
Email: ir@hammfg.com
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