Decisive Dividend Corporation Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 06, 2023
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Decisive Dividend Corporation reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was CAD 37.65 million compared to CAD 25.93 million a year ago. Net income was CAD 2.74 million compared to CAD 2.03 million a year ago. Basic earnings per share from continuing operations was CAD 0.15 compared to CAD 0.16 a year ago. Diluted earnings per share from continuing operations was CAD 0.14 compared to CAD 0.15 a year ago.
For the nine months, sales was CAD 99.21 million compared to CAD 67.81 million a year ago. Net income was CAD 5.91 million compared to CAD 3.42 million a year ago. Basic earnings per share from continuing operations was CAD 0.35 compared to CAD 0.27 a year ago. Diluted earnings per share from continuing operations was CAD 0.33 compared to CAD 0.26 a year ago.
Decisive Dividend Corporation is a Canada-based acquisition-oriented company. The Company is focused on opportunities in manufacturing. Its segments include finished product and component manufacturing. The finished product segment manufactures and sells products that are purchased and used by end customers as designed. Within the finished product segment are five separate businesses: ACR, Blaze King, Capital I, Marketing Impact and Slimline. The component manufacturing segment manufactures and sells products based on specifications determined by its customers for use in its customersâ processes. Within the component manufacturing segment are five separate businesses: Hawk, Micon, Northside, Procore and Unicast. In addition, the Company has a third separate segment, Head Office, which is an investment holding and management company. Its subsidiaries include Valley Comfort Systems Inc., Unicast Inc., Slimline Manufacturing Ltd., Northside Industries Inc. and Hawk Machine Works Ltd.