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Article: Manitou Capital Announces Increased Earnings for the Six Months and Three Months Ended June 30, 2007
- Article from:
- CCNMatthews Newswire
- Article date:
- August 15, 2007
CopyrightCopyright 2007 CCNMatthews Newswire. Provided by ProQuest LLC. (Hide copyright information)
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TORONTO, ONTARIO--(Marketwire - Aug. 15, 2007) - Manitou Capital
Corporation (Manitou)(TSX VENTURE:MOU) today announced its results
for the six months ended June 30, 2007.
Manitou had earnings of $82,475 ($0.0058 per share) for the six
months ended June 30, 2007, as compared to a loss of $187,947
($0.0131 per share) for the six months ended June 30, 2006. The loss
for the earlier six month period 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 months ended June 30, 2006 of $11,300.
For the three months ended June 30, 2007 Manitou had earnings of
$50,221 ($0.0035 per ...
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