Blumetric Environmental Inc. Reports Earnings Results for the Second Quarter Ended March 31, 2021
May 27, 2021 at 05:18 pm EDT
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BluMetric Environmental Inc. announced earnings results for the second quarter ended March 31, 2021. For the second quarter, the company announced sales was CAD 9.138 million compared to CAD 5.028 million a year ago. Operating income was CAD 1.464 million compared to operating loss of CAD 2.410 million a year ago. Net income was CAD 1.051 million compared to net loss of CAD 2.268 million a year ago. Basic earnings per share from continuing operations was CAD 0.04 compared to basic loss per share from continuing operations of CAD 0.08 a year ago. For the half year, sales was CAD 17.290 million compared to CAD 11.343 million a year ago. Operating income was CAD 2.533 million compared to operating loss of CAD 1.185 million a year ago. Net income was CAD 1.751 million compared to net loss of CAD 1.423 million a year ago. Basic earnings per share from continuing operations was CAD 0.06 compared to basic loss per share from continuing operations of CAD 0.05 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. 
