(via TheNewswire)
For the three-month period ended
- Net Income for Q3 2019 of
$73,766 versus net income for Q3 2018 of$99,654 ;
- Revenue for Q3 2019 of
$2,875,992 versus revenue for Q3 2018 of$3,926,619 ;
- Gross Margin of
$192,597 for Q3 2019 versus gross margin of$29 2,863;
- Cash of
$3,178,647 as atSeptember 30, 2019 compared to$3,535,161 as atDecember 31, 2018 ;
- Received first shipment of Medium Chain Triglyceride ("MCT") Oil for distribution from
Calgary storage location.
Quarter 3 revenue was impacted by uncertainty related to international sales channels, specifically
Financial Highlights
Three-month period ending
Sales
Gross Margin
Income before Taxes
Net Income
Earnings Per Share
About Sunora Foods
For further information, please contact:
Investor Relations
T: (403) 617-7609
E: dean@boardmarker.net
Steve Bank
Chief Executive Officer and President
T: (403) 247-8300
E:steve.bank@sunora.com
Neither the TSX Venture nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture) accepts responsibility for the adequacy or accuracy of this release.
Copyright (c) 2019 TheNewswire - All rights reserved.
Copyright (c) 2019 TheNewswire - All rights reserved., source