Le Chateau Inc. reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2016. For the quarter, the company reported sales of CAD 59,917,000 against CAD 63,292,000 a year ago. Results from operating activities negative were CAD 4,934,000 against CAD 2,961,000 a year ago. Loss before income taxes was CAD 6,209,000 against CAD 4,022,000 a year ago. Net loss was CAD 6,209,000 or CAD 0.21 per share basic and diluted against CAD 4,022,000 or CAD 0.13 per share basic and diluted a year ago. Cash flows related to operating activities was CAD 3,814,000 against CAD 13,125,000 a year ago.

For the six months, the company reported sales of CAD 108,546,000 against CAD 114,038,000 a year ago. Results from operating activities negative were CAD 17,962,000 against CAD 14,515,000 a year ago. Loss before income taxes was CAD 20,482,000 against CAD 16,380,000 a year ago. Net loss was CAD 20,482,000 or CAD 0.68 per share basic and diluted against CAD 16,380,000 or CAD 0.55 per share basic and diluted a year ago. Cash flows related to operating activities negative was CAD 12,784,000 against CAD 9,542,000 a year ago.

For the quarter, the company reported write-off and impairment of property and equipment of CAD 294,000 against CAD 869,000 a year ago.