GREY:TSTIF - Post by User
Post by
bestioleon Mar 28, 2008 10:09am
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Post# 14916656
What a booming business
What a booming businessTSO3 posts $7.9M 2007 loss
By THE CANADIAN PRESS
2008-03-28 08:55:00
QUEBEC - TSO3 Inc. (TSX:TOS), a developer of sterilization technologies for medical instruments, posted Friday a full-year loss of $7.9 million, versus a year-earlier loss of $7.5 million.
The loss amounted to 17 cents per share, compared with a year-earlier 20 cents per share. Sales rose to $1.7 million from $1.1 million as TSO3 sold 16 of its 125L Ozone Sterilizers compared with eight units sold in 2006.
Marketing expenses increased about $1 million to $4.2 million.