Comet Industries Ltd. Reports Earnings Results for the Third Quarter Ended October 31, 2020
Comet Industries Ltd. announced earnings results for the third quarter ended October 31, 2020. For the third quarter, the company announced operating income was CAD 965 compared to CAD 29,692 a year ago. Net income was CAD 8,506 compared to CAD 40,510 a year ago. Basic eps - continuing operations was CAD 0 compared to CAD 0.01 a year ago. For the nine months, operating income was CAD 16,554 compared to CAD 59,625 a year ago. Net loss was CAD 315 compared to net income of CAD 108,664 a year ago. Basic eps - continuing operations was CAD 0 compared to CAD 0.02 a year ago.