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BIOREM Reports Increased Revenues and Earnings for First Quarter
BIOREM Reports Increased Revenues and Earnings for First Quarter BIOREM Reports In...
About this update from Biorem Inc.
[{"type":"text","content":"\n\n\n\nBIOREM Reports Increased Revenues and Earnings for First Quarter\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prngen5{\nBORDER-BOTTOM:black 1pt solid; BORDER-LEFT:black 1pt solid; PADDING-LEFT:0.50em; PADDING-RIGHT:0.50em; VERTICAL-ALIGN: BOTTOM; BORDER-TOP:black 1pt solid; BORDER-RIGHT:black 1pt solid\n}\n.prngen3{\nBORDER-BOTTOM:black 1pt solid; TEXT-ALIGN: RIGHT; BORDER-LEFT:black 1pt solid; PADDING-LEFT:0.50em; PADDING-RIGHT:0.50em; VERTICAL-ALIGN: BOTTOM; BORDER-TOP:black 1pt solid; BORDER-RIGHT:black 1pt solid\n}\n.prngen4{\nBORDER-BOTTOM:black 1pt solid; TEXT-ALIGN: CENTER; BORDER-LEFT:black 1pt solid; PADDING-LEFT:0.50em; PADDING-RIGHT:0.50em; VERTICAL-ALIGN: BOTTOM; BORDER-TOP:black 1pt solid; BORDER-RIGHT:black 1pt solid\n}\n.prnrbrb0{\nBORDER-RIGHT:black 0pt\n}\n.prnpr6{\nPADDING-RIGHT:0.50em\n}\n.prnpl6{\nPADDING-LEFT:0.50em\n}\n.prnvab{\nVERTICAL-ALIGN: BOTTOM\n}\n.prntbls{\nBORDER-BOTTOM: black 1px solid; BORDER-LEFT: black 1px solid; BORDER-COLLAPSE: collapse; BORDER-TOP: black 1px solid; BORDER-RIGHT: black 1px solid\n}\n.prntblns{\nBORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt; BORDER-COLLAPSE: collapse; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt\n}\n.prnsblb0{\nBORDER-LEFT:black 0pt\n}\n.prnsbtb0{\nBORDER-BOTTOM:black 0pt\n}\n\n\n\n\n\n\nBIOREM Reports Increased Revenues and Earnings for First Quarter\nCanada NewsWire\nGUELPH, ON, May 19, 2016\n\n\n\nGUELPH, ON, May 19, 2016 /CNW/ - BIOREM Inc. (TSX-V: BRM) (\"Biorem\" or \"the Company\") today announced results for the three month period ended March 31, 2016.  Biorem's complete 2016 first quarter financial statements and MD&A have been filed on SEDAR (www.sedar.com).\n\nFinancial Summary:\n\n\n\n\n\nThree-months ended\n\n\n\n\nMarch 31, \n\n\nDecember 31\n\n\n\n(in CDN$'000 except per share data)\n\n\n2016\n\n\n2015\n\n\n2015\n\n\n\nRevenue\n\n\n4,192\n\n\n4,689\n\n\n3,311\n\n\n\nGross profit\n\n\n1,443\n\n\n1,531\n\n\n1,300\n\n\n\nEbitda*\n\n\n490\n\n\n720\n\n\n266\n\n\n\nNet earnings \n\n\n374\n\n\n528\n\n\n125\n\n\n\nBasic earnings  per share\n\n\n0.02\n\n\n0.04\n\n\n0.02\n\n\n\nDiluted earnings&#...