GUELPH, ONTARIO -- (Marketwired) -- 03/03/17 -- Hammond Manufacturing Company Limited (TSX: HMM.A) -
Year ending: Three months ending:
12/31/2016 12/31/15 12/31/2016 12/31/15
Net Product Sales $115,724,000 $117,164,000 $27,995,000 $27,714,000
Income from operating
activities(i) 2,296,000 6,625,000 672,000 1,775,000
Net Income (Loss) for
Period 684,000 3,550,000 (135,000) 1,080,000
Total comprehensive
income (loss) for the
period (38,000) 5,986,000 187,000 1,843,000
Earnings (Loss) per
share
Basic $ 0.06 $ 0.31 $ (0.01) $ 0.09
Diluted $ 0.06 $ 0.31 $ (0.01) $ 0.09
(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:
With our new facility on line we continue to see quarter over quarter improvement in our income from operating activities. Our markets remain relatively flat.
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
