Clearford hits record revenue in Q2

Clearford Industries Inc. posts record-high revenue of over $8 million inClearford.jpg Q2 on the strength of its Brooklin Concrete Division operations. Clearford, which combines Brooklin’s numbers with those of its wastewater products division in financial statements, raised net income to $132,000 ($0.01 per share) from $57,000 ($0.00 per share) for the same period in 2006. Revenue for quarter was $8,001,000, compared to $7,736,000 in last year’s Q2. The Wastewater Systems Division, which recorded no revenue during the quarter, expects to see revenue in the second half of the year. “The concrete division has begun to deliver on our growth strategy,” says Bruce Linton, president and CEO of Clearford. “The wastewater division continues to overcome obstacles to the adoption of our green sewer methodology.”

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