Rogers Sugar Inc T.RSI

Alternate Symbol(s): RSGUF | T.RSI.DB.E | T.RSI.DB.F

Consumer Defensive Packaged Foods

Rogers Sugar Inc. is a provider of sugar products to the Canadian market. The Company operates through two segments: Sugar, which includes refined sugar and by-products, and Maple, which includes maple syrup and maple derived products. The Company operates through its wholly owned subsidiaries, Lantic Inc. (Lantic) and The Maple Treat Corporation (TMTC). Lantic sugar products include granulated, icing, cube, yellow and brown sugars, liquid sugars and specialty syrups. Lantic also operates a distribution center in Toronto, Ontario. Lantic operates cane sugar refineries in Montreal, Quebec and Vancouver, British Columbia, as well as the Canadian sugar beet processing facility in Taber, Alberta. TMTC products include maple syrup and derived maple syrup products supplied under retail private label brands in over 50 countries and are sold under various brand names. TMTC operates bottling plants in Granby, Degelis and St-Honore-de-Shenley, Quebec and in Websterville, Vermont.

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Rogers Sugar Inc > Rogers Writes Off Another $50 MILLION

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Post by DeanEdmontonon Dec 08, 2022 10:17am

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Post# 35158868

Rogers Writes Off Another $50 MILLION

That is a lot of write downs now against the original purchase price. Seems they now agree that they WAY over paid for this piece of the business. Speaks once again to management and the Board being out of their depth running a company of this size.

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