Bri-Chem Announces 2013 First Quarter Results
Date:2013-05-30 17:51
se of 5.7%. Net earnings for the three months ended March 31, 2013 were $1,834,704 or $0.11 diluted earnings per share compared to net earnings of $2,893,604 or $0.18 diluted earnings per share for 2012, a decrease of 36.6%. Adjusted earnings before interest, taxes, amortization and share-based payments expense (Adjusted EBITDAC) was $4,389,964 or $0.25 per share, a decrease of $910,481 compared to 2012. The decrease in earnings and Adjusted EBITDAC is mainly due to two significant non-cash rela
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