Westmin attributed the drop in earnings to higher interest and mining costs and to a decrease in mill throughput.
For the nine months ended Sept 30, the company reported net earnings of $7.2 million, representing a loss of 15 cents per share after preferred dividends. Cash flow for the nine months was $31.9 million, compared with $52 million in the 1988 period.
]]>
Be the first to comment on "Westmin earnings dip"