Article: Manitou Capital Announces Increased Revenue for the Six Months Ended June 30, 2006

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 ...

Related newspaper, magazine, and journal articles:

 
 
Newsweek Harper's Magazine The Washington Post Chicago Tribune Crain's Chicago Business PRNewswire Pediatric News The Nation Advertising Age The Economist (US) A FREE trial gives you access to over 80 million articles! Access over 6,500 publications with a FREE trial!