Luxor Industrial Corp. V.LRL

Primary Symbol: LXRRF

Building Materials Building Materials

Luxor Industrial Corp is a Canada-based company engaged in the manufacturing and selling of wooden building components including an engineered bridging system and architectural wood products. The company also involved in a stock glulam beam distribution program.

EXPM:LXRRF - Post by User

Luxor Industrial Corp. > Luxor Reports Net Profit of $922,616 or $.023 Earnings per s

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Comment by ChasingWiLanon Aug 31, 2016 11:30pm

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Post# 25197994

RE:RE:RE:RE:RE:RE:RE:Luxor Reports Net Profit of $922,616 or $.023 Earnings per s

I believe the increase in labour and materials is due to a change in the product mix. Framing would be expected to be higher labor and material expense (lower margin) than their traditional products. Of note, I recall that there was a lag between increase in framing contracts and setting up their automation resulting a temporarily higher labour costs.

GLTA

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