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Wajax Sales Up 7.1% in 2Q

Canadian distributor Wajax Corp. (TRX: WJX), reported sales for the second quarter of C$409.4 million (US$309.7 million), a 7.1% increase year-over-year. Profit increased 4.4% to C$11.9 million (US$9 million).

For the first six months sales were C$784 million (US$593 million) up 8.2% over the same period the previous year. Profit was C$19.8 million (US$15 million), up 3.9% over the same period in 2017.

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