Dexterra Group Inc. Announces Earnings Results for the Second Quarter and Six Months Ended June 30, 2021
August 10, 2021 at 05:12 pm EDT
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Dexterra Group Inc. announced earnings results for the second quarter and six months ended June 30, 2021. For the quarter, the company reported revenue of CAD 173,627,000 compared to CAD 76,106,000 a year ago. Net earnings was CAD 8,213,000 compared to CAD 47,431,000 a year ago. Earnings per share, basic and diluted was CAD 0.13 compared to CAD 1.08 a year ago.
For the six months, the company reported revenue of CAD 329,031,000 compared to CAD 136,479,000 a year ago. Net earnings was CAD 12,687,000 compared to CAD 48,391,000 a year ago. Earnings per share, basic and diluted was CAD 0.19 compared to CAD 1.27 a year ago.
Dexterra Group Inc. is a Canada-based company, which is engaged in delivering a range of support services for the creation, management, and operation of infrastructure across Canada. The Company operates through four segments: Integrated Facilities Management (IFM), Workforce Accommodations, Forestry and Energy Services (WAFES), and Modular Solutions. The Company's IFM business delivers a suite of operation and maintenance solutions for built assets and infrastructure in the public and private sectors, including aviation, defense, education, rail, healthcare, and leisure. The Company's WAFES business provides a range of workforce accommodations solutions, forestry services and access solutions to clients in the energy, mining, forestry, and construction sectors, among others. The Company's Modular Solutions business integrates modern design concepts with off-site manufacturing processes to produce building solutions for housing, commercial, residential, and industrial clients.