Comet Industries Ltd. Reports Earnings Results for the Third Quarter Ended October 31, 2019
December 18, 2019 at 06:47 pm EST
Comet Industries Ltd. announced earnings results for the third quarter ended October 31, 2019. For the third quarter, the company announced operating income was CAD 29,692 compared to CAD 32,128 a year ago. Net income was CAD 40,510 compared to CAD 30,505 a year ago. Basic earnings per share from continuing operations was CAD 0.01 compared to CAD 0.01 a year ago. For the nine months, operating income was CAD 59,625 compared to CAD 63,729 a year ago. Net income was CAD 108,664 compared to CAD 61,403 a year ago. Basic earnings per share from continuing operations was CAD 0.02 compared to CAD 0.01 a year ago.