TITLE

Shermag 3Q revenues drop 31.9%

AUTHOR(S)
Knell, Michael J.
PUB. DATE
February 2006
SOURCE
Furniture/Today;2/20/2006, Vol. 30 Issue 24, p52
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the financial performance of the Shermag Inc. for the third quarter of 2005 in the U.S. It has a net loss of 32 Canadian cents per share. Export sales decrease by 29.9 percent. Domestic sales decline at 25.6 percent. During the quarter, the company has consolidated sawmill operations into a sing plant and its laying off about 45 employees.
ACCESSION #
19839732

 

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