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Tornado Global Hydrovacs Ltd V.TGH

Alternate Symbol(s):  TGHLF

Industrials
Tornado Global Hydrovacs Ltd. is a Canada-based company, which designs and manufactures hydrovac trucks as well as provides heavy duty truck maintenance operations in central Alberta. The Company sells hydrovac trucks to excavation service providers in the infrastructure and industrial construction and oil and gas markets. Hydrovac trucks use high pressure water and vacuum to safely penetrate and cut soil to expose critical infrastructure for repair and installation without damage. Its hydrovac trucks offering include Tornado F2 Urban Hydrovac, Tornado F3 City Hydrovac, Tornado F4 Rural Hydrovac, and Tornado F5 Remote Hydrovac. Tornado F2 Urban Hydrovac is a lightweight force in any downtown operation. It operates through a production facility located in Red Deer, Alberta (the Red Deer Facility) and a sales and head office located in Calgary, Alberta. In China, the Company’s subsidiary is used principally to source certain manufacturing inputs for its North America operations.


TSXV:TGH - Post by User

Tornado Global Hydrovacs Ltd > Strange accounting
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Comment by chopper1953on May 03, 2024 12:41pm
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Post# 36021919

RE:Strange accounting

RE:Strange accountingAgree with  the other reply - not unusual.   Q1 will be out shortly too.

"a full-year period generally allows for greater stability, efficiency, and optimization of resources, which can contribute to lower indirect costs compared to a shorter timeframe like nine months"
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