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Big Rock Brewery swings to loss in Q2

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Big Rock Brewery swings to loss in Q2

4913786 said its second-quarter normalized net income came to a loss of 3 Canadian cents per share, compared with 4 cents per share in the prior-year period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was a loss of C$205,630, compared with income of C$251,880 in the year-earlier period.

The normalized profit margin fell to negative 1.9% from 2.4% in the year-earlier period.

otal revenue grew 6.1% year over year to C$11.1 million from C$10.4 million, and total operating expenses rose 13.0% year over year to C$11.4 million from C$ Big Rock Brewery Inc.