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
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
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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.
Hammond Manufacturing Company Limited is a Canada-based company, which is involved in the design, manufacture, and sale of electrical and electronic components. The Company manufactures a 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. Its primary products include electrical and electronic enclosures, racks and cabinets, power bars, and electronic (low voltage) transformers. The Company and its subsidiaries operate in Canada, the United States, the United Kingdom and Australia and Taiwan. Its products include Mild Steel Enclosures (Type 12, 4), Stainless Steel Enclosures (Type 4X), Aluminum Enclosures (Type 4X), Disconnect Enclosures, Modular Freestanding Enclosures, Operator Interface Enclosures, Wireway & Trough, Commercial Enclosures, Climate Control, Data Communication Infrastructure and General Accessories.