Jun 29, 2010 - Perlite Canada inc.announces hereby the results of its second quarter 2010 ended on April 30, 2010.
For the second quarter that ended April 30, 2010 the Company generated revenues of $2,316,293 compared to $2,343,452 during the second quarter that ended April 30, 2009. For the six months period ended on April 30, 2010, Company's business income was $3,924,464 compared to $3,684,912 for the same six months period in 2009 which represent an increase of approximately 6,5 %.
The Company recorded an income before taxes of $70,097 for the 2nd Quarter 2010 compared to a loss before taxes of $122,295 for the second quarter of 2009. For the six months period ended on April 30, 2010, the Company recorded a loss before taxes of $32,923 compared to a loss before taxes of $449,825 for the same period in 2009.
The Company generated a net income of $54,702 for the 2nd Quarter 2010 compared to a net loss $125,264 for the first quarter that ended on April 30, 2009. For the six months period ended on April 30, 2010, the Company generated a net loss of $11,632 compared to a net loss of $351,587 for the same period in 2009.
Perlite Canada inc. specializes in the processing, distribution and sale of perlite and vermiculite, two minerals used in industry and horticulture.
The common shares of Perlite Canada inc. are listed for trading on the TSX Venture Exchange.
For the second quarter that ended April 30, 2010 the Company generated revenues of $2,316,293 compared to $2,343,452 during the second quarter that ended April 30, 2009. For the six months period ended on April 30, 2010, Company's business income was $3,924,464 compared to $3,684,912 for the same six months period in 2009 which represent an increase of approximately 6,5 %.
The Company recorded an income before taxes of $70,097 for the 2nd Quarter 2010 compared to a loss before taxes of $122,295 for the second quarter of 2009. For the six months period ended on April 30, 2010, the Company recorded a loss before taxes of $32,923 compared to a loss before taxes of $449,825 for the same period in 2009.
The Company generated a net income of $54,702 for the 2nd Quarter 2010 compared to a net loss $125,264 for the first quarter that ended on April 30, 2009. For the six months period ended on April 30, 2010, the Company generated a net loss of $11,632 compared to a net loss of $351,587 for the same period in 2009.
Perlite Canada inc. specializes in the processing, distribution and sale of perlite and vermiculite, two minerals used in industry and horticulture.
The common shares of Perlite Canada inc. are listed for trading on the TSX Venture Exchange.
