HAMMOND MANUFACTURING COMPANY LIMITED announces financial results for second quarter ended June 29, 2018
| Six months ending: | Three months ending: | |||||
| 6/29/2018 | 6/30/2017 | 6/29/2018 | 6/30/2017 | |||
| Net product sales | $73,900,000 | $65,213,000 | $37,750,000 | $33,486,000 | ||
| Income from operating activities(*) | 3,909,000 | 3,731,000 | 1,925,000 | 2,282,000 | ||
| Net income for the period | 2,001,000 | 2,581,000 | 904,000 | 1,579,000 | ||
| Total comprehensive income for the period | 2,851,000 | 2,063,000 | 1,195,000 | 1,197,000 | ||
| Earnings per share | ||||||
| Basic | $0.18 | $0.23 | $0.08 | $0.14 | ||
| Diluted | $0.18 | $0.23 | $0.08 | $0.14 | ||
GUELPH, Ontario, Aug. 14, 2018 (GLOBE NEWSWIRE) --
To all employees and shareholders:
Our markets are up over previous quarters and we continue to work hard to meet the demand.
Hammond Manufacturing Company Limited (TSX:HMM.A) 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:
