Imaflex Inc. announced unaudited consolidated earnings results for the second quarter and six months ended June 30, 2018. For the quarter, the company reported revenue of CAD 21,927,000 against CAD 24,055,000 a year ago. The decrease was largely due to the timing of citrus film sales, and lower flexible packaging sales volumes, partially offset by improvements to product mix. Net income was CAD 727,000 against CAD 1,300,000 a year ago. Diluted EPS was CAD 0.014 against CAD 0.026 a year ago. EBITDA was CAD 1,686,000 against CAD 2,487,000 a year ago. Operating activities used CAD 1.1 million of cash flows during the current quarter, down from cash inflows of CAD 1.4 million in the second quarter of 2017. For the six months, the company reported Revenue of CAD 42,544,000 against CAD 46,111,000 a year ago. Net income was CAD 2,400,000 against CAD 2,445,000 a year ago. Diluted EPS was CAD 0.047 against CAD 0.049 a year ago. EBITDA was CAD 4,486,000 against CAD 4,806,000 a year ago. Net cash generated by operating activities totaled CAD 0.1 million, versus cash inflows of CAD 1.2 million in 2017.