Jewett-Cameron Trading (JCTCF) Reports Q3 EPS of $0.37

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Jewett-Cameron Announces 3rd Quarter Financial Results

July 14, 2016 4:25 PM EDT

NORTH PLAINS, Ore., July 14, 2016 /PRNewswire/ -- Jewett-Cameron Trading Company Ltd. (NASDAQ: JCTCF) today reported financial results for the third quarter and nine month periods of fiscal 2016 ended May 31, 2016.

Sales for the third quarter of fiscal 2016 totaled $14.5 million compared to sales of $13.3 million for the third quarter of fiscal 2015. Income from operations was $1,504,952 compared to $779,340 for the third quarter ended May 31, 2015. Net income after other items and income taxes for the current quarter was $908,730, or $0.37 per share, compared to $461,100, or $0.18 per share, in the year-ago quarter.

For the nine months ended May 31,... More