Enterprise Group, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2018
November 08, 2018 at 06:36 pm EST
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Enterprise Group, Inc. announced earnings results for the third quarter ended September 30, 2018. For the third quarter, the company announced sales was CAD 4.846 million compared to CAD 5.706 million a year ago. Net loss was CAD 1.100 million compared to net income of CAD 328,933 a year ago. Basic loss per share was CAD 0.02 compared to basic earnings per share of CAD 0.01 a year ago.
For the nine months, sales was CAD 14.897 million compared to CAD 16.954 million a year ago. Net loss was CAD 1.244 million compared to CAD 1.308 million a year ago. Basic loss per share was CAD 0.02 compared to CAD 0.02 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. 
