Hammond Manufacturing Company Limited Announces Financial Results for the Second Quarter Ended June 28, 2013
July 18 2013 - 2:49PM
Marketwired
Hammond Manufacturing Company Limited (TSX:HMM.A) -
Six months ending: Three months ending:
6/28/13 6/29/12 6/28/13 6/29/12
Net Sales $ 46,856,000 $ 48,081,000 $ 23,138,000 $ 24,367,000
Income from operating
activities(i) 2,156,000 1,823,000 $ 1,105,000 $ 1,020,000
Net Income for Period 1,118,000 1,085,000 $ 582,000 $ 565,000
Earnings per share
Basic $ 0.10 $ 0.10 $ 0.05 $ 0.05
Diluted $ 0.10 $ 0.10 $ 0.05 $ 0.05
(i) Earnings from operations is before interest, foreign exchange, equity
interest, other income and taxes
NOTE: The interim financial results have not been reviewed by an auditor
To all employees and shareholders:
Despite sales levels being down our efforts in continuous
improvement through employee involvement have managed to improve
our income from operations.
Hammond Manufacturing Company Limited manufactures a broad range
of products for the electronic and electrical products industry,
including metallic and non-metallic enclosures, racks, small cases,
outlet strips, surge suppressors and electronic transformers.
Contacts: Hammond Manufacturing Company Limited Robert F.
Hammond Chairman and CEO (519) 822-2960 (519) 822-7289
(FAX)ir@hammfg.com
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