Enterprise Group, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 13, 2021 at 07:50 am EDT
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Enterprise Group, Inc. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced sales was CAD 3.225 million compared to CAD 2.144 million a year ago. Operating income was CAD 137,092 compared to operating loss of CAD 16,154 a year ago. Net loss was CAD 1.626 million compared to CAD 1.844 million a year ago. Basic loss per share from continuing operations was CAD 0.03 compared to CAD 0.04 a year ago. For the half year, sales was CAD 9.084 million compared to CAD 9.131 million a year ago. Operating income was CAD 2.529 million compared to CAD 2.290 million a year ago. Net loss was CAD 1.532 million compared to CAD 1.340 million a year ago. Basic loss per share from continuing operations was CAD 0.03 compared to CAD 0.03 a year ago.
Enterprise Group, Inc. is a consolidator of services, including specialized equipment rental to the energy/resource sector. The Company works with systems and technologies that mitigate, reduce, or eliminate carbon dioxide (CO2) and greenhouse gas emissions for itself and its clients. It provides specialized equipment and services in the build out of infrastructure for the energy, pipeline, and infrastructure construction industries. It has fleet of wellsite modular/combo equipment, specialized heating units, tunnelling equipment, and other heavy equipment pieces. It offers specialized infrastructure services, such as coat curing, thermal pipe expansion, scaffolding and more. It provides low emission, mobile power systems and associated surface infrastructure to the energy, resource, and Industrial sectors, through its subsidiary, Evolution Power Projects, Inc. Its other subsidiaries include Westar Oilfield Rentals Inc., Hart Oilfield Rentals Ltd., and Artic Therm International Ltd.
ENTERPRISE GROUP, INC. 
