BluMetric Environmental Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended June 30, 2022
August 26, 2022 at 04:19 am IST
Share
BluMetric Environmental Inc. reported earnings results for the third quarter and nine months ended June 30, 2022. For the third quarter, the company reported sales was CAD 8.35 million compared to CAD 8.49 million a year ago. Net income was CAD 0.317862 million compared to CAD 0.687234 million a year ago. Basic earnings per share from continuing operations was CAD 0.01 compared to CAD 0.02 a year ago. Diluted earnings per share from continuing operations was CAD 0.01 compared to CAD 0.02 a year ago.
For the nine months, sales was CAD 24.38 million compared to CAD 25.78 million a year ago. Net income was CAD 1.13 million compared to CAD 2.44 million a year ago. Basic earnings per share from continuing operations was CAD 0.04 compared to CAD 0.08 a year ago. Diluted earnings per share from continuing operations was CAD 0.04 compared to CAD 0.08 a year ago.
BluMetric Environmental Inc. is a Canada-based environmental consulting and water cleantech company. The Company provides end-to-end solutions in environmental geosciences and engineering, industrial hygiene, occupational health and safety, water and wastewater treatment, and environmental contracting and management. Its products include Reverse Osmosis Water Purification Unit (ROWPU), Shipboard Reverse Osmosis Desalination (SROD), Portable Water Purification System (PWPS) and Mobile Wastewater Treatment Plant (MWWTP). It delivers complete environmental engineering solutions to a variety of issues related to contaminated site remediation, water resource management, water and wastewater treatment, and solid waste management. The Company provides environmental solutions for various markets, which include mining, industrial and commercial, government and military. Its clients include land forces, navy, and commercial shipbuilding markets.
BLUMETRIC ENVIRONMENTAL INC. 
