STOCK SYMBOL: TIM
(The Toronto Stock Exchange)
Sedar Filer Profile No. 00000838
TORONTO, Aug. 11 /CNW/ - Timminco Limited; the world leader in
manufacturing and supplying engineered magnesium extrusions and an
international leader in the production and marketing of specialty magnesium,
calcium and strontium metals and alloys; today announced financial results for
the second quarter of 2003.
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(000's except per share data)
(unaudited)
Three Months Ended Six Months Ended
June 30, June 30,
2003 2002 2003 2002
---- ---- ---- ----
Sales $26,975 $29,049 $54,288 $59,003
Gross profit 5,257 6,665 12,253 14,330
Income before noted items and taxes 1,856 1,723 5,214 4,351
Net income 1,776 2,250 5,005 4,234
Earnings per common share, basic and
diluted .06 .09 .18 .17
Weighted average number of common
shares outstanding;
basic and diluted 30,421 24,619 27,520 24,619 |
