Canlan Ice Sports Hits Record Q2 Revenue

Canlan Ice Sports (TSE:ICE) has released an update.

Canlan Ice Sports Corp. announced a record high in second quarter revenue, reaching $21.8 million, a 10.3% increase from the previous year, despite incurring higher expenses from maintenance projects. Although operational earnings dipped to $1.6 million due to these costs, the company’s food and beverage sector saw a 12.3% boost, attributed to more tournament business and successful promotional activities.

For further insights into TSE:ICE stock, check out TipRanks’ Stock Analysis page.