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Intertape Polymer Q3 profit plummets to $6 million on charges; revenues increase
2014-11-05 18:13:00| Industrial Machines - Topix.net
Intertape Polymer Group says its third-quarter profit plummeted to US$6 million from $14.4 million a year earlier on higher taxes, closure and restructuring costs and a pension charge for its shuttered facility in Brantford, Ont. The company, which reports in U.S. dollars, said the profit amounted to 10 cents per diluted share for the quarter ended Sept.
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Category:Industrial Goods and Services