Carmanah Reports Second Quarter 2015 Results

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VICTORIA, BRITISH COLUMBIA–(Marketwired – Aug. 10, 2015) – Carmanah Technologies Corporation (TSX:CMH) (“the Company” or “Carmanah”) today reported its second quarter financial results for the period ended June 30, 2015. Currency amounts are in U.S. dollars unless otherwise noted.

For the quarter ended June 30, 2015, the Company recorded revenues of $15.7 million, and net income of $10.3 million. This compares to revenues of $9.0 million and net income of $0.4 million in the second quarter of 2014. The substantial swing in net income is …read more

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