Enterprise Group, Inc. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 13, 2020 at 08:04 am EST
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Enterprise Group, Inc. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was CAD 2.505 million compared to CAD 3.830 million a year ago. Net loss was CAD 1.555 million compared to CAD 2.297 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 nine months, sales was CAD 11.636 million compared to CAD 14.172 million a year ago. Net loss was CAD 2.895 million compared to CAD 3.838 million a year ago. Basic loss per share from continuing operations was CAD 0.06 compared to CAD 0.07 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. 
