Day: August 10, 2023

Japan Essential Oils Market Size is Anticipated to Expand at a CAGR of 10.1% from 2022 to 2027

Written by Customer Service on August 10, 2023. Posted in Mergers And Acquisitions.

Chicago, Aug. 10, 2023 (GLOBE NEWSWIRE) — According to a research report “Japan Essential Oils Market by Product Type, Application (Food & beverages, Cosmetics & Toiletries, Aromatherapy, Home Care, and Health Care), Source (Fruits & Vegetables, Herbs & Spices, Flowers), Method of Extraction and Region – Global Forecast to 2027”, published by MarketsandMarkets, In Asia Pacific the Japan Essential Oils Market size is expected to grow at a cagr of 10.1% from 2022 to 2027. Ask for PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=119674487 The growing popularity of essential oil-infused skincare products stimulates market growth. The essential oils market in Japan is witnessing growth propelled by the rising popularity of essential oil-infused skincare products. With skincare being...

Autoscope Technologies Corporation Announces Second Quarter and First Half Financial Results

Written by Customer Service on August 10, 2023. Posted in Earnings Releases And Operating Results.

MINNEAPOLIS, Aug. 10, 2023 (GLOBE NEWSWIRE) — Autoscope Technologies Corporation (OTCQX: AATC) today announced results for its quarter and six months ended June 30, 2023. Second Quarter 2023 Financial SummaryIncreasing demand for Autoscope Vision drove higher royalty revenue during the quarter. Second quarter royalties increased to $3.7 million compared to $1.4 million in the same period in the prior year. Second quarter product sales were $0.4 million, a decrease of 75 percent from the same period in the prior year. Operating expenses totaled $2.2 million in the second quarter of 2022, an increase of 17 percent from the prior year period. Net income for the second quarter of 2023 totaled $1.1 million, an increase of $1.1 million compared to net income of $74,000 for the same period in the prior year.First Half 2023 Financial...

Extendicare Announces 2023 Second Quarter Results

Written by Customer Service on August 10, 2023. Posted in Dividend Reports And Estimates.

MARKHAM, Ontario, Aug. 10, 2023 (GLOBE NEWSWIRE) — Extendicare Inc. (“Extendicare” or the “Company”) (TSX: EXE) today reported results for the three and six months ended June 30, 2023. Results are presented in Canadian dollars unless otherwise noted. Second Quarter HighlightsHome health care volume growth continued, with Q2 average daily volume (“ADV”) of 27,102, an increase of 4.1% from Q1 2023 and 7.7% from Q2 2022. Long-term care (“LTC”) occupancy continued to recover, improving to 97.2%, an increase of 60 bps from Q1 2023 and 470 bps from Q2 2022. Adjusted EBITDA(1) declined by $3.3 million to $14.8 million; removing one-time items from Q2 2022 of workers compensation rebates of $3.9 million and a recovery of COVID-19 costs of $0.6 million, Adjusted EBITDA increased $1.2 million, reflecting higher home health care ADV and...

Clairvest Reports Fiscal 2024 First Quarter Results

Written by Customer Service on August 10, 2023. Posted in Earnings Releases And Operating Results.

TORONTO, Aug. 10, 2023 (GLOBE NEWSWIRE) — Clairvest Group Inc. (TSX: CVG) today reported results for the fiscal 2024 first quarter ended June 30, 2023 and events which occurred subsequent to quarter end. (All figures are in Canadian dollars unless otherwise stated) HighlightsJune 30, 2023 book value was $1,225.0 million or $81.54 per share compared with $1,217.7 million or $81.05 per share as at March 31, 2023 Net income for the quarter ended June 30, 2023 was $19.5 million or $1.30 per share Clairvest and Clairvest Equity Partners VI (”CEP VI”) in partnership with ECL Entertainment, LLC (“ECL”), an experienced gaming operator, completed its investment in New Hampshire Gaming Subsequent to quarter end, Clairvest announced the final closing of Clairvest Equity Partners VII (“CEP VII”) at its US$1.2 billion hard cap Subsequent...

Melcor Developments announces second quarter results, declares quarterly dividend of $0.16 per share

Written by Customer Service on August 10, 2023. Posted in Dividend Reports And Estimates.

EDMONTON, Alberta, Aug. 10, 2023 (GLOBE NEWSWIRE) — Melcor Developments Ltd. (TSX: MRD), an Alberta-based real estate development and asset management company, today reported results for the second quarter and six months ended June 30, 2023. Revenue was down 3% to $101.32 million year-to-date and up 28% to $17.43 million in the quarter as a result of the cyclical nature of the real estate industry and timing of sales in our current and comparative periods. Year-to-date net income was $23.79 million compared to $28.38 million in 2022. In the quarter, net income was $21.63 million compared to $25.91 million in Q2-2022. Net income is significantly impacted by swings in non-cash fair value adjustments on investment properties, REIT units and the conversion feature on the REIT’s convertible debenture. As a result management relies...

Algoma Steel Group Reports Fiscal 2024 First Quarter Financial Results

Written by Customer Service on August 10, 2023. Posted in Dividend Reports And Estimates.

First Quarter Results Ahead of Previously Announced Expectations Solid Performance from Operations Resulted in Strong Cash Flow Generation Reiterated Outlook on Transformative EAF Project with $74 Million Invested in Quarter SAULT STE. MARIE, Ontario, Aug. 10, 2023 (GLOBE NEWSWIRE) — Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (“Algoma” or “the Company”), a leading Canadian producer of hot and cold rolled steel sheet and plate products, today announced results for its fiscal first quarter ended June 30, 2023. Unless otherwise specified, all amounts are in Canadian dollars. Business Highlights and Fiscal 2024 to Fiscal 2023 First Quarter ComparisonsConsolidated revenue of $827.2 million, compared to $934.1 million in the prior-year quarter. Consolidated income from operations of $164.3 million, compared to $328.9 million...

Western Metallica Announces Acquisition of Copper Assets in Peru

Written by Customer Service on August 10, 2023. Posted in Mergers And Acquisitions.

TORONTO, Aug. 10, 2023 (GLOBE NEWSWIRE) — Western Metallica Resources Corp. (TSXV: WMS) (“Western Metallica” or the “Company”) is pleased to announce that it has acquired all of the issued and outstanding shares of Consolidated Copper Corp. (“Consolidated Copper”) (the “Acquisition”) pursuant to a share purchase agreement dated August 10, 2023 (the “Agreement”). Consolidated Copper holds options to acquire 100% of the Caña Brava and Turmalina Projects, two highly prospective copper-molybdenum porphyry projects located in Northern Peru. Highlights:Complementary Portfolio of Assets: The Acquisition of Consolidated Copper marks a strategic option for Western Metallica, expanding its horizons beyond Spain and positioning the Company as a copper-focused mineral exploration firm. Attractive Mining Jurisdiction: By acquiring 100% of...

Lowell Farms Inc. Announces Unaudited Second Quarter 2023 Financial and Operational Results

Written by Customer Service on August 10, 2023. Posted in Earnings Releases And Operating Results.

SALINAS, Calif., Aug. 10, 2023 (GLOBE NEWSWIRE) — Lowell Farms Inc. (the “Company”) (CSE: LOWL; OTCQX: LOWLF), a California-born vertically integrated cannabis company with advanced production capabilities including cultivation, extraction, manufacturing, and distribution, announces unaudited revenue and operating results for the second quarter (ended June 30, 2023). All figures stated are in US Dollars. Second Quarter Financial Highlights Revenues:Net revenue generated for Q2 2023 decreased 47% to $7.0 million, as compared to $13.2 million for Q2 2022. Net revenue was $7.5 million for Q1 2023, a decrease of 7%.CPG revenue decreased 40% compared to Q2 2022 and decreased 5% compared to Q1 2023. Bulk revenue from self-grown wholesale products decreased 34% compared to Q2 2022 and decreased 11% compared to Q1 2023. In Q2 2023,...

Total Energy Services Inc. Announces Q2 2023 Results

Written by Customer Service on August 10, 2023. Posted in Earnings Releases And Operating Results.

CALGARY, Alberta, Aug. 10, 2023 (GLOBE NEWSWIRE) — Total Energy Services Inc. (“Total Energy” or the “Company”) (TSX:TOT) announces its consolidated financial results for the three and six months ended June 30, 2023. Financial Highlights ($000’s except per share data) Three months endedJune 30 Six months endedJune 30 2023 2022 Change 2023 2022 ChangeRevenue $ 208,845 $ 179,204 17 % $ 446,622 $ 340,656 31 %Operating income 9,401 8,426 12 % 37,421 12,116 209 %EBITDA (1) 30,255 28,799 5 % 78,730 53,113 48 %Cashflow 29,408 28,576 3 % 78,080 51,127 53 %Net income 6,180 6,105 1 % 30,218 8,572 253 %Attributable to shareholders 6,201 6,113 1 % 30,241 8,585 252 % Per Share Data (Diluted) EBITDA (1) $ 0.74 $ 0.67 10 % $ 1.89 $ 1.23 54 %Cashflow $ 0.72 $ 0.66 9 % $ 1.88 $ 1.18 59 % Attributable...

Questerre reports second quarter 2023 results

Written by Customer Service on August 10, 2023. Posted in Earnings Releases And Operating Results.

THIS NEWS RELEASE IS NOT FOR DISSEMINATION OR DISTRIBUTION IN THE UNITED STATES OF AMERICA TO UNITED STATES NEWSWIRE SERVICES OR UNITED STATES PERSONS CALGARY, Alberta, Aug. 10, 2023 (GLOBE NEWSWIRE) — Questerre Energy Corporation (“Questerre” or the “Company”) (TSX,OSE:QEC) reported today on its financial and operating results for the second quarter ended June 30, 2023. Michael Binnion, President, and Chief Executive Officer, commented, “As Quebec is holding public consultations on hydroelectricity shortage in the next two to three years. We are re-engaging with the Government on how our Clean Gas could be part of the solution. Our scalable, shovel-ready project can help mitigate the risks of curtailments and price spikes, all while retaining Quebec’s competitiveness in attracting new industries and helping meet their GHG emissions...

Day: August 10, 2023

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