Furnituremaker Amisco 3Q Sales Drop 20.4%

L'ISLET, QUE – Furnituremaker Amisco Industries Ltd. reported a third-quarter net loss of $22,817, reduced from last year’s $106,266, as sales fell 20.4% during the period. According to CanadaEast.com, net sales declined to $7.2 million from $9.1 million in the year-ago quarter, which was greatly impacted by a 28.1% loss in sales to the United States. Compounding the downfall was the surge of the Canadian dollar. Read more.

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