SUNORA FOODS INC. Sunora Foods Inc. 2021 Q1 Financial Results
May 26, 2021 - CALGARY, ALBERTA. Sunora Foods Inc. (the "Corporation") (TSX-V: SNF) - is pleased to announce the filing of its financial statements and management discussion and analysis for the quarter ending March 31, 2021. These filings are available for review on SEDAR and the Corporation's website.
Financial Highlights for the quarter ended March 31, 2021
Three-Month Period Ended | ||
March 31, | March 31, | |
2021 | 2020 | |
Sales | $3,983,483 | $2,546,421 |
International sales (included in sales above) | $1,131,895 | $738,300 |
Gross Margin | $ 263,650 | $ 150,850 |
Income from operations | $119,683 | $120,093 |
Net income and comprehensive income | $89,223 | $74,491 |
Earnings per share - basic and diluted | $0.002 | $0.002 |
31-Mar-21 | 31-Dec-20 | |
Cash | $3,846,496 | $3,317,475 |
Other assets | $1,763,630 | $1,809,342 |
Total liabilities | $1,610,460 | $1,216,374 |
Shareholders' equity | $3,999,666 | $3,910,443 |
About Sunora Foods
Sunora Foods is a Calgary, Alberta based food oil entity trading and supplying canola oil, soybean oil, olive oil, and specialty oils in Canada and internationally under the "Sunora", "Sunera" and numerous private label brands.
For further information, please contact:
Dean Stuart
Investor Relations
T: (403) 617-7609
- dean@boardmarker.net
Steve Bank
Chief Executive Officer and President
T: (403) 247-8300
- steve.bank@sunora.com
Neither the TSX Venture nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture) accepts responsibility for the adequacy or accuracy of this release.
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Disclaimer
Sunora Foods Inc. published this content on 26 May 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 June 2021 21:07:01 UTC.
