Higher sales help Sino-Canadian miner HMZ Metals trim 3d-qtr. loss
Nov 16, 2005 | 08:29 AM
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Rising sales and completion of a smelter expansion helped cushion a third-quarter loss at HMZ Metals Inc., Toronto.
HMZ METALS INC.(in thousands) 200520043rd qtr. ended Sept. 30Net sales$3,781$3,138Net income (loss)(360)(431)9 months ended Sept. 30Net sales13,959$11,011Net income (loss)(2,037)523A 20.5-percent jump in net sales to nearly $3.8 million in the three months ended Sept. 30 helped the Sino-Canadian miner narrow....
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