Product Design & Development

Canadian earnings declared Monday: Arcand, Grand Power, Ithaca, WellPoint

By The Associated Press
Monday, November 23, 2009
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Canadian earnings declared Monday: Arcand, Grand Power, Ithaca, WellPoint

Canadian earnings declared Monday as of 4 p.m.:

Arcan Resources Ltd. (TSXV:ARN):Three months ended Sept. 30, 2009, net loss $1,400,000, net loss $0.04 a share; 2008, net income $2,100,000, net income $0.05 a share. Revenue: 2009, $6,500,000; 2008, $13,700,000.

Grand Power Logistics Group Inc. (TSXV:GPW): Three months ended Sept. 30, 2009, net income after tax and minority interest $9,133, nil a share; 2008, net loss $866,958, net loss $0.023 a share. Revenue: 2009, $17,000,000; 2008, $40,000,000.

Ithaca Energy Inc. (TSXV:IAE): Three months ended Sept. 30, 2009, net loss US$1,100,000, net loss $0.01 a share; 2008, net loss $5,000,000, net loss $0.04 a share. Revenue: 2009, $37,400,000; 2008, $160,635.

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WellPoint Systems Inc. (TSXV:WPS): Three months ended Sept. 30, 2009, net income $2,700,000, net income $0.05 a share; 2008, net loss $9,000,000, net loss $0.19 a share. Revenue: 2009, $9,900,000; 2008, $8,000,000.

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