Jewett-Cameron Trading (JCTCF) Reports Q1 EPS of $0.21

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Jewett-Cameron Announces 1st Quarter Financial Results

January 14, 2016 4:20 PM EST

NORTH PLAINS, Ore., Jan. 14, 2016 /PRNewswire/ -- Jewett-Cameron Trading Company Ltd. (NASDAQ: JCTCF) today reported financial results for the first quarter of fiscal 2016 ended November 30, 2015.

Sales were $11.94 million for the first quarter of fiscal 2016 compared to sales of $7.98 million for the first quarter of fiscal 2015. Income from operations for the quarter was $885,204 compared to $529,899 in the year-ago quarter. Net income was $532,245, or $0.21 per share, for the current quarter compared to net income of $327,787, or $0.12 per share, for the first quarter of fiscal 2015.

"The increase in... More