Thu09182014

Last updateWed, 17 Sep 2014 4pm

Waste to Renewable Chemicals

Waste to Renewable Chemicals

More than 93% of Edmonton, Alberta’s nearly 880,00...

Mining for Value

Mining for Value

At VMA’s annual Market Outlook Workshop held in Bost...

Valve World Expo Opens Third Exhibit Hall

Valve World Expo Opens Third Exhibit Hall

Valve World Expo, the 9th Biennial Valve World Con...

VALVE Magazine Print & Digital

Subscribe sum14Read the latest digital edition

Subscribe to the digital edition

Subscribe to the print edition

Subscribe to the biweekly VALVE eNews

BUYERS GUIDE 300x80

New Products

Industry Headlines

Advertisement

Web Only

Waste to Renewable Chemicals

Waste to Renewable Chemicals

1 DAY AGO  |  Kate Kunkel

More than 93% of Edmonton, Alberta’s nearly 880,000 residents recycle, keeping 60% of waste out of the landfills. But that wasn’t good enough for this...

Read more

Loading...
Advertisement

Velan Inc. Reports its Second Quarter 2012/13 Financial Results

Velan Inc. announced its financial results for its second quarter ended August 31, 2012. Net earnings amounted to $3.3 million or $0.15 per share compared to a net loss of $2.1 million or $0.10 per share last year. Excluding currency impacts, Velan would have reported net earnings of $3.5 million or $0.16 per share this year compared to a net loss of $2.0 million or $0.09 per share last year. Further excluding the results of Velan ABV S.p.A., an Italian valve manufacturer acquired in the prior fiscal year, and the effects of purchase price accounting, Velan would have reported net earnings of $4.5 million or $0.21 per share this year compared to a net loss of $0.5 million or $0.02 per share last year.

Net new orders received amounted to $92.4 million, a decrease of $79.7 million or 46.3% compared to last year. Excluding currency impacts, the decrease would have been $80.8 million or 46.9%. Velan ended the quarter with a backlog of $625.9 million, a decrease of $35.9 million since the beginning of the current fiscal year. Excluding currency impacts, the backlog would have decreased by $13.9 million over the same period to $647.9 million.

VIDEO HOME PAGE

  • Latest

  • Popular

  • Links

  • Events

 

Valve Magazine Digital Edition

14 SUM CVR 160x214Inside the Summer 2014 issue…

• Attracting Talent
• Advances in Machining
• Severe Service in Power Plants
• SIS Tests and Standards

CLICK HERE TO REQUEST YOUR
DIGITAL EDITION PREVIEW EMAIL

clenbuterol usa dbol powder tren x supplement where can i buy steroids buy anavar online