trending Market Intelligence /marketintelligence/en/news-insights/trending/kDvyGYKQWDCcDE_JrcfdrQ2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us
In This List

Leading Brands fiscal Q3 loss widens YOY

The Evolution Of ESG Factors In Credit Risk Assessment: Corporate Governance

Industry Top Trends 2021: Metals and Mining

TMT News & Research: 2020 Recap


Charter, DIRECTV and Comcast rank as the top 'RSN-friendly' MVPDs

Leading Brands fiscal Q3 loss widens YOY

Leading Brands Inc. said its normalized net income for the fiscal third quarter ended Nov. 30, 2015, came to a loss of 12 Canadian cents per share, compared with a loss of 2 cents per share in the year-earlier period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was a loss of C$361,240, compared with a loss of C$72,880 in the year-earlier period.

The normalized profit margin fell to negative 16.3% from negative 2.6% in the year-earlier period.

Total revenue decreased 22.0% on an annual basis to C$2.2 million from C$2.8 million, and total operating expenses fell from the prior-year period to C$2.9 million from C$3.0 million.

Reported net income came to a loss of C$385,050, or a loss of 13 cents per share, compared to a loss of C$77,810, or a loss of 3 cents per share, in the year-earlier period.