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Article: Synergex Announces Third Quarter Financial Results; COMPANY REPORTS INCREASED PROFITABILITY.
- Article from:
- Marketwire Canada
- Article date:
- November 5, 2009
CopyrightCOPYRIGHT 2009 Canadian Corporate News. News Provided by Comtex. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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MISSISSAUGA, ONTARIO, Nov 5, 2009 (Marketwire via COMTEX) -- Synergex Corporation (TSX:SYX) ("Synergex" or the "Company"), a premier international integrated provider of supply chain management services, today announced its financial results for the third quarter ended September 30, 2009.
Synergex' consolidated operations in Q3 2009 resulted in an EBITDA of $1.8 million compared to an EBITDA of $1.5 million for the same period in 2008. For the nine months ended September 30, 2009, EBITDA increased slightly to $4.1 million, compared to $4.0 million in the same period in 2008.
The Company reported net income of $800 thousand in the quarter, representing ...