13:42:07 EDT Thu 02 May 2024
Enter Symbol
or Name
USA
CA



Hammond Manufacturing Company Ltd
Symbol HMM
Shares Issued 8,556,000
Close 2016-10-28 C$ 2.05
Market Cap C$ 17,539,800
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ORIGINAL: Hammond Manufacturing Company Limited Announces Financial Results for Third Quarter Ended September 30, 2016

2016-10-28 17:16 ET - News Release

GUELPH, ONTARIO -- (Marketwired) -- 10/28/16

Hammond Manufacturing Company Limited (TSX:HMM.A) -


                                                                            
                               Nine months ending:      Three months ending:
                            9/30/2016     10/02/15    9/30/2016     10/02/15
Net Product Sales         $87,729,000  $89,450,000  $27,944,000  $29,941,000
Income from operating                                                       
 activities((i))            1,624,000    4,850,000      188,000    1,636,000
Net Income (Loss) for                                                       
 Period                       819,000    2,470,000    (296,000)      705,000
Total comprehensive                                                         
 income (loss) for the                                                      
 period                     (225,000)    4,143,000     (82,000)    1,346,000
Earnings (Loss) per                                                         
 share                                                                      
  Basic                         $0.07        $0.22      ($0.03)        $0.09
  Diluted                       $0.07        $0.22      ($0.03)        $0.09

To all employees and shareholders:

We have seen some improvement over the previous quarter in our operations as our new facility comes on line. Our markets continue to provide relatively flat activity.

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
Tel. (519) 822-2960
(519) 822-7289 (FAX)
ir@hammfg.com

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