Post by
Ferociousbear on Nov 12, 2021 8:31am
This Co. will turn around soon
Operating profit of $3.3M for the Canadian division and operating loss of $2.2M for the International division. There is a problem with international operations because of mobilization costs. International division will not be operating at a loss for too long.
There is also inflationary pressure in the industry which affects every company. Good news is that they have pricing power, $108 per meter and growing.