ET 16:00

Winpak Q3 Revenue Rises 10.4% to $312.5 Million, Earnings Slip to $35.2 Million

Winpak Limited (WPK.TO) reported third-quarter revenue of $312.470 million, up 10.4% from $282.967 million a year earlier, while earnings edged lower to $35.178 million from $36.375 million. Earnings per share held flat at $0.6, matching last year's result, according to GAAP figures released by the packaging maker. The revenue gain outpaced profit growth, with earnings declining year over year despite the higher top line.

ByTicklex Editorial