Extract
CPI Plastics Group Limited Announces Q3 Results.
MISSISSAUGA, Ontario -- CPI Plastics Group Ltd. ("CPI")(TSX:CPI) announces its unaudited financial results for the three and nine month periods ended September 30, 2005 and 2004.
Third Quarter 9 Months to (in thousands except 3 months September 30 per share amounts) 2005 2004 % 2005 2004 % Change Change ----------------------------------------------- (unaudited) (unaudited) Net Sales $39,482 $50,062 (21.1%) $120,256 $142,911 (15.9%) Operating Margin $3,764 $5,154 (27.0%) $12,769 $14,807 (13.8%) 9.5% 10.3% 10.6% 10.4% Net Income $162 $1,059 (84.7%) $1,780 $4,199 (57.6%) Earnings per share - basic $0.01 $0.08 $0.14 $0.32 - diluted $0.01 $0.08 $0.13 $0.31 Consolidated net sales for the quarter ended September 30, 2005 decreased by $10,580,000 or 21.1% to $39,482,000 as compared to third quarter 2004 ...See the full content of this document
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