Dover Industries income tops $1 million in Q3
November 07, 2008
by FoodBusinessNews.net Staff
BURLINGTON, ONT. — Dover Industries Ltd., which operates flour mills in Ontario, Nova Scotia and Saskatchewan, said income from continuing operations for the third quarter ended Sept. 30 was C$1,280,000 ($1,078,000), equal to C$0.19 per share on the common stock. This compared with a loss of C$20,000 for the same period a year ago. Sales for the quarter were C$82,257,000 ($69,371,000), up 39% from C$59,400,000 in the third quarter of fiscal 2007, primarily related to the increase in wheat prices.