BluMetric Environmental Inc. Reports Earnings Results for the Third Quarter Ended June 30, 2021
August 26, 2021 at 05:39 pm EDT
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BluMetric Environmental Inc. announced earnings results for the third quarter ended June 30, 2021. For the third quarter, the company announced sales was CAD 8.488 million compared to CAD 6.858 million a year ago. Operating income was CAD 1.045 million compared to CAD 1.057 million a year ago. Net income was CAD 687,234 compared to CAD 673,245 a year ago. Basic earnings per share from continuing operations was CAD 0.02 compared to CAD 0.02 a year ago. For the nine months, sales was CAD 25.779 million compared to CAD 18.201 million a year ago. Operating income was CAD 3.578 million compared to operating loss of CAD 128,746 a year ago. Net income was CAD 2.438 million compared to net loss of CAD 750,696 a year ago. Basic earnings per share from continuing operations was CAD 0.08 compared to basic loss per share from continuing operations of CAD 0.03 a year ago.
BluMetric Environmental Inc. is a Canada-based environmental consulting and water cleantech company. The Company provides end-to-end solutions in environmental geosciences and engineering, industrial hygiene, occupational health and safety, water and wastewater treatment, and environmental contracting and management. Its products include Reverse Osmosis Water Purification Unit (ROWPU), Shipboard Reverse Osmosis Desalination (SROD), Portable Water Purification System (PWPS) and Mobile Wastewater Treatment Plant (MWWTP). It delivers complete environmental engineering solutions to a variety of issues related to contaminated site remediation, water resource management, water and wastewater treatment, and solid waste management. The Company provides environmental solutions for various markets, which include mining, industrial and commercial, government and military. Its clients include land forces, navy, and commercial shipbuilding markets.
BLUMETRIC ENVIRONMENTAL INC. 
