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Article: Manitou Capital Announces Increased Revenue for the Six Months Ended June 30, 2006
- Article from:
- CCNMatthews Newswire
- Article date:
- August 21, 2006
CopyrightCopyright 2006 CCNMatthews Newswire. Provided by ProQuest LLC. (Hide copyright information)
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TORONTO, ONTARIO--(CCNMatthews - Aug. 21, 2006) - Manitou Capital
Corporation (Manitou) (TSX VENTURE:MOU) today announced its results
for the six months ended June 30, 2006.
Revenue was $1,383,898 as compared to $1,218,262 for the six
months ended June 30, 2005 - an increase of 13.6%.
Manitou had a loss of $187,947 ($0.0131 per share) for the six
months ended June 30, 2006, as compared to earnings of $85,353
($0.006 per share) for the six months ended June 30, 2005. The loss
for the six months ended June 30, 2006 includes hiring expenses of
$156,000 and severance costs of $167,000. Absent the hiring and
severance costs Manitou would have had a profit after minority
interest for the six ...
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