Business
Garneau Inc. annual report for the year ended December 31, 2008
NISKU, AB, March 31 /CNW/ - Garneau Inc. (GAR-TSX) today filed its Annual Information Form and au...
About this update from Green Arrow Resources, Inc.
[{"type":"text","content":"\n\n\n\nNISKU, AB, March 31 /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, 2008.\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(In thousands, except per share data)\n\n-------------------------------------------------------------------------\nYear Ended December 2008 December 2007 December 2006\n-------------------------------------------------------------------------\nTotal Revenues $17,287 $20,161 $57,042\n-------------------------------------------------------------------------\nNet Earnings (Loss) (6,661) (4,728) 947\n-------------------------------------------------------------------------\nBasic Earnings (Loss) per Share (0.55) (0.39) 0.08\n-------------------------------------------------------------------------\nDiluted Earnings (Loss) per Share (0.55) (0.39) 0.08\n-------------------------------------------------------------------------\nTotal Assets 26,558 29,885 39,571\n-------------------------------------------------------------------------\nLong Term Financial Liabilities NIL 118 241\n-------------------------------------------------------------------------\n\nGarneau's Notice of Annual General Meeting and Management Information\nCircular are expected to be mailed to Garneau Inc.'s common shareholders in\nApril.\n\nAbout Garneau Inc.\n------------------\n\n\nGarneau Inc's primary business has been the application of high\nperformance protective coating and linings for oil and gas pipeline\nprotection. The corporation also designs and fabricates oilfield equipment for\nboth domestic and international markets. With over 30 years of operating\nexperience, Garneau Inc. has developed a significant level of expertise and is\nwell known 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 expectations and therefore are subject to uncertainties such\nas the level of industry drilling and coating activity, foreign exchange\nfluctuations and world wide economic conditions that may cause actual results\n...