HAMMOND MANUFACTURING COMPANY LIMITED (TSX:HMM.A) announces financial results for the third quarter ended September 25, 2020
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Nine months ending: |
Three months ending: |
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9/25/2020 |
9/27/2019 |
9/25/2020 |
9/27/2019 |
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Net product sales |
$109,359,000 |
$113,547,000 |
$35,581,000 |
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Income from operating activities(*) |
6,202,000 |
6,289,000 |
$1,314,000 |
1,768,000 |
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Net income for the period |
3,301,000 |
3,782,000 |
$921,000 |
839,000 |
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Total comprehensive income for the period |
3,882,000 |
3,104,000 |
$504,000 |
1,044,000 |
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Earnings per share |
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Basic |
$0.29 |
$0.33 |
$0.08 |
$0.07 |
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Diluted |
$0.29 |
$0.33 |
$0.08 |
$0.07 |
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(*) Earnings from operations is before interest, foreign exchange, equity interest, other income and taxes |
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NOTE: The interim financial results have not been reviewed by an auditor |
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GUELPH, ONTARIO – TheNewswire - Hammond Manufacturing Company Limited Trade Symbol (TSX:HMM.A) (OTC:HMFAF) – October 26, 2020
To all employees and shareholders:
After a disrupted second quarter, our markets improved as we progressed through the quarter.
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
Email: RobHammond@hammfg.com
Alexander Stirling CFO
Email: AStirling@hammfg.com
Tel. (519) 822-2960
Fax. (519) 822-7289