Business
Garneau Inc. Annual Report December 2007
NISKU, AB, April 1 /CNW/ - Garneau Inc. (GAR-TSX) today filed its Annual Information Form and aud...
About this update from Green Arrow Resources, Inc.
[{"type":"text","content":"\n\n\n\nNISKU, AB, April 1 /CNW/ - Garneau Inc. (GAR-TSX) today filed its Annual\nInformation Form and audited Consolidated Financial Statements and related\nManagement's Discussion and Analysis for the year ended December 31, 2007.\n\n\nCopies of these documents are available electronically at www.sedar.com\nor the Company's website at www.garneau-inc.com.\n\n\nSelected Annual Information\n\n\n---------------------------\n\n\n(In thousands, except per share data)\n-------------------------------------\n\n-------------------------------------------------------------------------\nYear Ended December 07 December 06 December 05\n-------------------------------------------------------------------------\nTotal Revenues $20,161 $57,042 $48,365\n-------------------------------------------------------------------------\nNet Earnings\n (Loss) (4,728) 947 1,621\n-------------------------------------------------------------------------\nBasic Earnings\n (Loss) per Share (0.39) 0.08 0.14\n-------------------------------------------------------------------------\nDiluted Earnings\n (Loss) per Share (0.39) 0.08 0.14\n-------------------------------------------------------------------------\nTotal Assets 29,885 39,571 38,141\n-------------------------------------------------------------------------\nLong Term\n Financial\n Liabilities 118 241 535\n-------------------------------------------------------------------------\n\n\nGarneau's Notice of Annual and Special Meeting and Management Information\nCircular are expected to be mailed to Garneau Inc.'s common shareholders in\nApril. Garneau Inc.'s Annual and Special Meeting of Shareholders will be held\nat 3:00 p.m. on Wednesday, May 28, 2008 at the Westin, Calgary, Alberta.\n\n\nAbout Garneau Inc.\n\n\n------------------\n\n\nGarneau Inc's primary business has been application of high performance\nprotective coating and linings for oil and gas pipeline protection.\nAdditionally, the corporation also designs and fabricates oilfield equipment\nfor both domestic and international markets. With over 30 years of operating\nexperience, Garneau Inc. has developed a significant level of expertise and is\nwell know for innovative technology. The company's website can be accessed at\nwww.garneau-inc.com.\n\n\nThis report includes forward looking statements that are based on the\nGarneau's current expecta...