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Article: Manitou Capital Announces Results for the Nine Months Ended September 30, 2006
- Article from:
- CCNMatthews Newswire
- Article date:
- November 27, 2006
CopyrightCopyright 2006 CCNMatthews Newswire. Provided by ProQuest LLC. (Hide copyright information)
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TORONTO, ONTARIO--(CCNMatthews - Nov. 27, 2006) - Manitou Capital
Corporation (Manitou)(TSX VENTURE:MOU) today announced its results
for the nine months ended September 30, 2006.
Revenue was $2,072,424 as compared to $1,852,541 for the nine
months ended September 30, 2005 - an increase of 11.9%.
In the nine months ended September 30, 2006 Manitou had a loss of
$129,468 or $0.0091 per share as compared to earnings of $37,057
($0.0026 per share) in the first nine months of 2005. The 2006 loss
includes hiring and severance costs of $331,019 and the 2005 earnings
include hiring costs of $192,981. Absent the hiring and severance
costs, Manitou's earnings after minority interest and gain on ...
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