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Stock impact report

Jewett-Cameron Announces 3rd Quarter Financial Results

Jewett-Cameron Trading Company - Common Shares (JCTCF) 
US:NASDAQ Investor Relations: jewettcameron.com/store/investor-relations
Company Research Source: PR Newswire
NORTH PLAINS, Ore., July 15, 2020 /PRNewswire/ -- Jewett-Cameron Trading Company Ltd. (NASDAQ: JCTCF) today reported financial results for the third quarter and nine month periods of fiscal 2020 ended May 31, 2020.Sales for the third quarter of fiscal 2020 totaled approximately $16.2 million compared to sales of $16.7 million for the third quarter of fiscal 2019. Income from operations was $1,913,582 compared to $1,506,638 for the third quarter ended May 31, 2019. Net income after other items and income taxes for the current quarter was $1,396,973, or $0.40 per share, compared to $1,098,210, or $0.27 per share, in the same quarter of 2019.For the nine months ended May 31, 2020, Jewett-Cameron reported sales of $30.9 million compared to sales of $33.6 million for the nine months ended May 31, 2019. Net income was $1,216,089, or $0.33 per share, compared to net income of $1,567,534, or $0.36 per share, in the first nine months of fiscal 2019."The Company has been navigating the COVID-19 Show less Read more
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