Business
Pure Energy Services Ltd. announces record quarterly financial results for Q3 2011 and the implementation of a quarterly dividend policy
CALGARY, Nov. 9, 2011 /CNW/ - Pure Energy Services Ltd. ("Pure" or "the Corporation") (TSX: ...
About this update from Hayasa Metals Inc.
[{"type":"text","content":"\n\n\n\n\n\nCALGARY, Nov. 9, 2011 /CNW/ - Pure Energy Services Ltd. (\"Pure\" or \"the Corporation\") (TSX: PSV) is pleased to announce its financial and operating results for the three\n and nine-month periods ended September 30, 2011.  The financial results\n presented for Q3 2011 and all comparative information have been\n prepared in accordance with International Financial Reporting Standards\n (\"IFRS\") with effect from January 1, 2010. For more information on the\n Corporation's transition to IFRS refer to the \"Changes in Accounting\n Policies - Adoption of IFRS\" section of this news release. Unless\n otherwise indicated, references in this news release to \"$\" or\n \"Dollars\" are to Canadian dollars.\n\n\nSelected Consolidated Financial Information\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\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n(Unaudited)\n\n\n      Three months ended September 30,\n\n\n \n\n\n      Nine months ended September 30,\n\n\n($000's, except per share amounts)\n\n\n \n\n\n      2011\n\n\n \n\n\n2010\n\n\n \n\n\n      Change\n\n\n \n\n\n      2011\n\n\n \n\n\n2010\n\n\n \n\n\n      Change\n\n\nContinuing operations\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\n\n \n\n\n \n\n\n \n\n\n \n\n\nRevenue\n\n\n $\n\n\n     65,088\n\n\n $\n\n\n    45,996\n\n\n \n\n\n           42%\n\n\n $\n\n\n  166,937\n\n\n$\n\n\n     120,545\n\n\n \n\n\n            38%\n\n\nGross margin\n\n\n$\n\n\n  21,746\n\n\n $\n\n\n   13,804\n\n\n \n\n\n           58%\n\n\n$\n\n\n    48,151\n\n\n$\n\n\n      29,684\n\n\n \n\n\n            62%\n\n\nGross margin %\n\n\n&...