Oct 15 (Reuters) - Aphria Inc APHA.TO on Thursday stated first-quarter web income rose 15.5% as dem
Oct 15 (Reuters) – Aphria Inc APHA.TO on Thursday stated first-quarter web income rose 15.5% as demand for the Canadian pot agency’s merchandise surged throughout coronavirus-induced lockdowns.
Aphria, nevertheless, posted a web lack of C$5.1 million ($3.86 million), or 2 Canadian cents per share, within the three months ended Aug. 31, in contrast with a web revenue of C$16.four million or 7 Canadian cents per share, a 12 months earlier.
($1 = 1.3205 Canadian {dollars})
(Reporting by Shradha Singh in Bengaluru; Modifying by Ramakrishnan M.)
(([email protected]; inside U.S. +1 646 223 8780 Ext: 2804, outdoors U.S. +91 80 6182 2630;))
The views and opinions expressed herein are the views and opinions of the writer and don’t essentially replicate these of Nasdaq, Inc.