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Danier Leather Q2 sales drop
22 Jan '09
3 min read
On the Monday following the end of the second quarter of fiscal 2009, cash balances were approximately $17 million which was similar to the cash balance last year on the Monday following the corresponding quarter-end.
Inventory at the end of the second quarter of fiscal 2009 decreased by $0.5 million to $40.8 million compared with $41.3 million last year. Book value per outstanding share was $10.16. During the first half of the current fiscal year, Danier repurchased 100,000 subordinate voting shares for cancellation under its normal course issuer bid.
Inventory at the end of the second quarter of fiscal 2009 decreased by $0.5 million to $40.8 million compared with $41.3 million last year. Book value per outstanding share was $10.16. During the first half of the current fiscal year, Danier repurchased 100,000 subordinate voting shares for cancellation under its normal course issuer bid.
Danier Leather Inc
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