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HMM.A Hammond Manufacturing Company Limited

10.30
0.00 (0.00%)
24 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Hammond Manufacturing Company Limited TSX:HMM.A Toronto Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 10.30 10.50 10.50 0 13:22:51

Hammond Manufacturing Company Limited Announces Financial Results for the Year and Fourth Quarter Ended December 31, 2012

07/03/2013 7:12pm

Marketwired Canada


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



                                      Year ending:      Three months ending:
                             12/31/12     12/31/11     12/31/12     12/31/11
Net Sales                $ 92,425,000 $ 85,487,000 $ 21,556,000 $ 22,010,000
Earnings from operating                                                     
 activities(i)              2,792,000    2,921,000 $    407,000 $    696,000
Income for Period           1,662,000    1,771,000 $    264,000 $    600,000
                                                                            
Earnings per share                                                          
  Basic                  $       0.15 $       0.16 $       0.02 $       0.06
  Diluted                $       0.15 $       0.16 $       0.02 $       0.06
                                                                            
(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:

Sales dropped 5% compared to the last quarter as our markets continue to soften.
Overall results from operating activities have also declined. With continuous
improvement through employee involvement we will lower costs and improve
operational output.


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.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Hammond Manufacturing Company Limited
Robert F. Hammond
Chairman and CEO
(519) 822-2960
(519) 822-7289 (FAX)
ir@hammfg.com

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