Horizon North Logistics Inc. Reports Unaudited Earnings Results for the Third Quarter and Nine Months Ended September 30, 2020
November 10, 2020 at 07:48 pm EST
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Horizon North Logistics Inc. reported unaudited earnings results for the third quarter and nine months ended September 30, 2020. For the quarter, the company reported revenue of CAD 176,918,000 compared to CAD 76,151,000 a year ago. Net earnings were CAD 16,061,000 compared to CAD 3,425,000 a year ago. Basic earnings per share was CAD 0.25 compared to CAD 0.10 a year ago. Diluted earnings per share was CAD 0.24 compared to CAD 0.10 a year ago.
For the nine months, the company reported revenue of CAD 313,397,000 compared to CAD 196,925,000 a year ago. Net earnings were CAD 64,452,000 or CAD 1.37 per basic and diluted share compared to CAD 7,849,000 or CAD 0.24 per basic and diluted share 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.