Daniels Corporate Advisory Company, Inc. Reports Earnings Results for the Second Quarter Ended May 31, 2020
July 15, 2020 at 01:24 pm EDT
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Daniels Corporate Advisory Company, Inc. announced earnings results for the second quarter ended May 31, 2020. For the second quarter, the company announced sales was USD 797,925 compared to USD 1.096 million a year ago. Operating loss was USD 83,073 compared to operating income of USD 16,980 a year ago. Net loss was USD 323,784 compared to net income of USD 64,527 a year ago. Basic loss per share from continuing operations was USD 0.03. For the half year, sales was USD 2.091 million compared to USD 1.603 million a year ago. Operating loss was USD 161,897 compared to USD 87,533 a year ago. Net loss was USD 1.430 million compared to USD 209,706 a year ago. Basic loss per share from continuing operations was USD 0.07 compared to USD 0.01 a year ago.
Daniels Corporate Advisory Company, Inc. is a corporate strategy company, which creates and implements corporate strategy alternatives for mini-cap public and private companies. The Company is engaged in the business of offering corporate financial consulting services, including referrals for capital referral and merchant banking services. The Company provides the client with multiple corporate strategies, including joint-ventures, marketing opportunity agreements and/or potential acquisitions structured in a leveraged buyout format. The Company is operating through the corporate strategy segment of its business. It focused on identifying projects that have the potential to produce earnings and multiple the potential of those results through leverage. The Company, through its subsidiary, Payless Truckers, Inc., acquire, refurbish, add location electronics, advertise, and sell or lease commercial vehicles to long haul drivers.
DANS CORP 