Asbestos Corporation Limited Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 20, 2020 at 03:34 am IST
Asbestos Corporation Limited announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced total revenue was CAD 629,000 compared to CAD 643,000 a year ago. Net income was CAD 105,000 compared to CAD 90,000 a year ago. Basic earnings per share from continuing operations was CAD 0.03 compared to CAD 0.03 a year ago. For the nine months, total revenue was CAD 717,000 compared to CAD 2.383 million a year ago. Net loss was CAD 135,000 compared to net income of CAD 1.248 million a year ago. Basic loss per share from continuing operations was CAD 0.05 compared to basic earnings per share from continuing operations of CAD 0.44 a year ago.