The 2020 Mid-Year Economic Update_long

Wajax Sales Down 3.4% in 2Q

Sales increased 3.5 percent in the first six months.

Canadian distributor Wajax Corp. (TRX: WJX), reported sales for the second quarter of C$325.3 million (US$256.3 million), a 3.4 percent decrease year-over-year. Profit increased 76.7 percent to C$7.6 million (US$6 million).

For the first six months sales were C$643.7 million (US$507.1 million) up 3.5 percent over the same period the previous year. Profit was C$13.8 million (US$10.9 million), up from a loss of C$5.4 million (US$4.3 million) in 2016.


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