Reko reports profitable quarter while diversification strategy unfolds
(Windsor, Ontario – March 7, 2019) – Reko International Group Inc. (TSX-V: REKO) today announced results for its quarter ended January 31, 2019.
Consolidated sales for the second quarter of 2019 were $11.6 million compared to $11.5 million in the same period last year, an increase of $0.1 million or 0.1%. Unfortunately, the impact of the expansion of manufacturing capacity in the automation division and higher average exchange was offset by lower volumes in certain sectors.