Business
The Becker Milk Company Limited: Six Month Financial Results
TORONTO, Dec. 11, 2025 (GLOBE NEWSWIRE) -- The Becker Milk Company Limited (the “Company&#...
About this update from Becker Milk Company Limited Class B
[{"type":"text","content":"The Becker Milk Company Limited: Six Month Financial Results\n\n\n\n TORONTO, Dec. 11, 2025 (GLOBE NEWSWIRE) -- The Becker Milk Company Limited (the “Company”) (TSX-BEK.B) is pleased to report the results for the six months ended October 31, 2025.\n \n\n\n HIGHLIGHTS\n \n\n\n\n Total revenues for the six months ended October 31, 2025 were $1,428,054 compared to $1,451,462 for the same period in 2024;\n \n\n The year-to-date non-GAAP financial measure Net Operating Income for Q2 fiscal 2026 was $1,137,175 compared to $1,191,698 in fiscal 2025;\n \n\n The year-to-date net income for Q2 fiscal 2026 was $0.39 per share, compared to $0.78 net income per share in Q2 fiscal 2025.\n \n\n\n\n\n\n FINANCIAL HIGHLIGHTS\n \n\n\n Total revenues for the six months ended October 31, 2025 fell $23,408 compared to the six months ended October 31, 2024, a result of reduced finance income.\n \n\n\n\n\n\n\n\n\n\n\n\n\n\n Six months ended\n \n\n\n\n\n\n\n\n\n\n\n\n\n\n October 31\n \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n 2025\n \n\n\n\n\n\n 2024\n \n\n\n\n Property revenue\n \n\n\n\n\n\n\n\n $\n \n\n 1,369,949\n \n\n\n\n $\n \n\n 1,362,324\n \n\n\n\n Finance income\n \n\n\n\n\n\n\n\n\n\n 58,105\n \n\n\n\n\n\n 89,138\n \n\n\n\n Total revenues\n \n\n\n\n\n\n\n\n $\n \n\n 1,428,054\n \n\n\n\n $\n \n\n 1,451,462\n \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n Net income attributable to common\n \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n and special shareholders\n \n\n\n\n $\n \n\n 712,962\n \n\n\n\n $\n \n\n 1,408,754\n \n\n\n\n Average common and special shares outstanding\n \n\n\n\n\n\n 1,808,360\n \n\n\n\n\n\n 1,808,360\n \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n Income per share\n \n\n\n\n\n\n\n\n $\n \n\n 0.39\n \n\n\n\n $\n \n\n 0.78\n \n\n\n\n\n Components of the $695,792 decrease in net income for the six months ended October 31, 2025 compared to the six months ended October 31, 2024 are:\n \n\n\n\n\n Changes in Net Income - Six months ended October 31, 2025\n \n\n\n\n\n\n\n\n\n\n\n compared to six months ended October 31, 2024\n \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n Provision for environmental liability\n \n\n\n\n\n\n\n\n\n\n Decrease in deferred tax charges\n \n\n\n\n\n\n $\n \n\n 1,159,205\n \n\n\n\n\n\n Proceeds of expropriation settlement\n \n\n\n\n\n\n\n\n 331,220\n \n\n\n\n\n\n Increase in administrative expenses\n \n\n\n\n\n\n\...