PRESS RELEASE

Hammond Manufacturing Company Limited

394 Edinburgh Road North

Guelph, Ontario, Canada

N1H 1E5

Toronto: (905) 456-3770

Guelph: (519) 822-2960

Fax: (519) 822-8987

Trade Symbol TSX:HMM.A

HAMMOND MANUFACTURING COMPANY LIMITED announces financial results for the third quarter ended September 30, 2022:

Nine months ending:

Three months ending:

9/30/2022

9/24/2021

9/30/2022

9/24/2021

Net product sales

$169,075,000

$134,788,000

$56,848,000

46,146,000

Income from operating activities(*)

12,461,000

8,526,000

4,951,000

2,597,000

Net income for the period

7,004,000

5,464,000

2,504,000

1,290,000

Total comprehensive income for the period

8,650,000

5,385,000

3,977,000

1,973,000

Earnings per share

Basic

$0.62

$0.48

$0.22

$0.11

Diluted

$0.62

$0.48

$0.22

$0.11

  1. Earnings from operations is before interest, foreign exchange, equity interest, other income and taxes NOTE: The interim financial results have not been review ed by an auditor

GUELPH, ONTARIO - November 1, 2022

To all employees and shareholders:

Sales remain strong. Our focus remains on maximizing our capacity.

Hammond Manufacturing Company Limited manufactures a broad range of products for the electronic and electrical products industry, including metallic and non-metallic enclosures, racks, small cases, outlet strips, surge suppressors and electronic transformers.

For information, contact:

Hammond Manufacturing Company Limited

Robert F. Hammond, Chairman and CEO

Tel. (519) 822-2960

Fax. (519) 822-7289

Email: ir@hammfg.com

For Release November 1, 2022

Attachments

  • Original Link
  • Original Document
  • Permalink

Disclaimer

Hammond Manufacturing Company Limited published this content on 01 November 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 08 November 2022 11:33:32 UTC.