{"id":397934,"date":"2020-12-10T18:03:16","date_gmt":"2020-12-10T23:03:16","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=397934"},"modified":"2020-12-10T18:03:16","modified_gmt":"2020-12-10T23:03:16","slug":"the-becker-milk-company-limited-six-month-financial-results","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/the-becker-milk-company-limited-six-month-financial-results\/","title":{"rendered":"The Becker Milk Company Limited: Six Month Financial Results"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"justify\">TORONTO, Dec.  10, 2020  (GLOBE NEWSWIRE) &#8212; The Becker Milk Company Limited (the \u201cCompany\u201d) (TSX-BEK.B) is pleased to report the results for the six months ended October 31, 2020.<\/p>\n<p align=\"justify\">\n        <strong>HIGHLIGHTS<\/strong>\n      <\/p>\n<ul type=\"disc\">\n<li style=\"text-align:justify\">Total revenues for the six months ended October 31, 2020 were $1,524,336 compared to $1,618,664 for the same period in 2019;<\/li>\n<li style=\"text-align:justify\">Net operating income for Q2 fiscal 2021 was $1,296,169 compared to $1,328,088 in fiscal 2020;<\/li>\n<li style=\"text-align:justify\">Net income for Q2 fiscal 2021 was $ 0.23 per share, compared to $0.25 per share in fiscal 2020.<\/li>\n<\/ul>\n<p align=\"justify\">\n        <strong>FINANCIAL HIGHLIGHTS<\/strong>\n      <\/p>\n<p align=\"justify\">Net operating income for the six months ended October 31, 2020 was $1,296,169, a $31,919 decrease compared with the previous year as a result of decreased revenue for the quarter.<\/p>\n<table style=\"border-collapse: collapse;margin-left:auto;margin-right:auto;width:90%;border-collapse:collapse\">\n<tr>\n<td style=\"text-align: left;vertical-align: middle;border-top: solid black 1pt;vertical-align: bottom\">\u00a0<\/td>\n<td colspan=\"2\" style=\"border-top: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: bottom\">Six months ended<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: center;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td colspan=\"2\" style=\"text-align: center;vertical-align: middle;vertical-align: bottom\">October 31<\/td>\n<\/tr>\n<tr>\n<td style=\"max-width:70%;width:70%;min-width:70%;border-bottom: solid black 1pt;text-align: left;vertical-align: middle;vertical-align: bottom\">\n            <strong>\u00a0<\/strong>\n          <\/td>\n<td style=\"max-width:15%;width:15%;min-width:15%;border-bottom: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: bottom\">2020<\/td>\n<td style=\"max-width:15%;width:15%;min-width:15%;border-bottom: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: bottom\">2019<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left;vertical-align: middle;vertical-align: bottom\">Property revenue<\/td>\n<td style=\"text-align: right;vertical-align: middle;vertical-align: bottom\">$1,478,222<\/td>\n<td style=\"text-align: right;vertical-align: middle;vertical-align: bottom\">$1,546,575<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left;vertical-align: middle;vertical-align: bottom\">Finance income<\/td>\n<td style=\"text-align: right;vertical-align: middle;vertical-align: bottom\">46,114<\/td>\n<td style=\"text-align: right;vertical-align: middle;vertical-align: bottom\">72,089<\/td>\n<\/tr>\n<tr>\n<td style=\"border-top: solid black 1pt;border-bottom: solid black 1pt;text-align: left;vertical-align: middle;vertical-align: bottom\">Total revenues<\/td>\n<td style=\"border-top: solid black 1pt;border-bottom: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">$1,524,336<\/td>\n<td style=\"border-top: solid black 1pt;border-bottom: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">$1,618,664<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"text-align: left;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"text-align: left;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left;vertical-align: middle;vertical-align: bottom\">Property revenue<\/td>\n<td style=\"text-align: right;vertical-align: middle;vertical-align: bottom\">$1,478,222<\/td>\n<td style=\"text-align: right;vertical-align: middle;vertical-align: bottom\">$1,546,575<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left;vertical-align: middle;vertical-align: bottom\">Property operating expenses<\/td>\n<td style=\"text-align: right;vertical-align: middle;vertical-align: bottom\">(182,053)<\/td>\n<td style=\"text-align: right;vertical-align: middle;vertical-align: bottom\">(218,487)<\/td>\n<\/tr>\n<tr>\n<td style=\"border-top: solid black 1pt;border-bottom: solid black 1pt;text-align: left;vertical-align: middle;vertical-align: bottom\">Net operating income<\/td>\n<td style=\"border-top: solid black 1pt;border-bottom: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">$1,296,169<\/td>\n<td style=\"border-top: solid black 1pt;border-bottom: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">$1,328,088<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"text-align: left;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"text-align: left;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"border-bottom: solid black 1pt;text-align: left;vertical-align: middle;vertical-align: bottom\">Adjusted funds from operations<\/td>\n<td style=\"border-bottom: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">$475,292<\/td>\n<td style=\"border-bottom: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">$610,365<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"text-align: left;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"text-align: left;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"border-bottom: solid black 1pt;text-align: left;vertical-align: middle;vertical-align: bottom\">Net income attributable to common and special shareholders<\/td>\n<td style=\"border-bottom: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">$416,983<\/td>\n<td style=\"border-bottom: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">$447,900<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"text-align: left;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"text-align: left;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left;vertical-align: middle;vertical-align: bottom\">Average common and special shares outstanding<\/td>\n<td style=\"text-align: right;vertical-align: middle;vertical-align: bottom\">1,808,360<\/td>\n<td style=\"text-align: right;vertical-align: middle;vertical-align: bottom\">1,808,360<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"text-align: left;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"text-align: left;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"border-bottom: solid black 1pt;text-align: left;vertical-align: middle;vertical-align: bottom\">Income per share<\/td>\n<td style=\"border-bottom: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">$0.23<\/td>\n<td style=\"border-bottom: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">$0.25<\/td>\n<\/tr>\n<\/table>\n<p align=\"justify\">Components of the $30,917 decrease in net income for the six months ended October 31, 2020 compared to the six months ended October 31, 2019 are:<\/p>\n<table style=\"border-collapse: collapse;margin-left:auto;margin-right:auto;width:75%;border-collapse:collapse\">\n<tr>\n<td colspan=\"2\" style=\"text-align: center;vertical-align: middle;vertical-align: bottom\">\n            <strong>Changes in net income &#8211; Six months ended October 31, 2020<\/strong>\n          <\/td>\n<\/tr>\n<tr>\n<td colspan=\"2\" style=\"text-align: center;vertical-align: middle;vertical-align: bottom\">\n            <strong>compared to six months ended October 31, 2019<\/strong>\n          <\/td>\n<\/tr>\n<tr>\n<td style=\"max-width:70%;width:70%;min-width:70%;border-bottom: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: bottom\">\n            <em>\u00a0<\/em>\n          <\/td>\n<td style=\"max-width:30%;width:30%;min-width:30%;border-bottom: solid black 1pt;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: bottom\">Decrease in current taxes<\/td>\n<td style=\"vertical-align: bottom;text-align: right;vertical-align: middle\">$268,065<\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: bottom\">Increase in fair value adjustment<\/td>\n<td style=\"vertical-align: bottom;text-align: right;vertical-align: middle\">128,000<\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: bottom\">Decrease in loss on disposal<\/td>\n<td style=\"vertical-align: bottom;text-align: right;vertical-align: middle\">25,867<\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: bottom\">Decrease in strategic review expenses<\/td>\n<td style=\"vertical-align: bottom;text-align: right;vertical-align: middle\">4,722<\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: bottom\">Decrease in finance income<\/td>\n<td style=\"vertical-align: bottom;text-align: right;vertical-align: middle\">(25,975)<\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: bottom\">Decrease in net operating income<\/td>\n<td style=\"vertical-align: bottom;text-align: right;vertical-align: middle\">(31,919)<\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: bottom\">Increase in administrative expenses<\/td>\n<td style=\"vertical-align: bottom;text-align: right;vertical-align: middle\">(132,568)<\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: bottom\">Decrease in recovery of deferred taxes<\/td>\n<td style=\"vertical-align: bottom;text-align: right;vertical-align: middle\">(267,109)<\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: bottom\">Decrease in net income<\/td>\n<td style=\"border-top: solid black 1pt;border-bottom: double 15px 3pt;vertical-align: bottom;text-align: right;vertical-align: middle\">($30,917)<\/td>\n<\/tr>\n<\/table>\n<p align=\"justify\">\n        <strong>ADJUSTED FUNDS FROM OPERATIONS<\/strong>\n      <\/p>\n<p align=\"justify\">For the six months ended October 31, 2020 the Company recorded adjusted funds from operations of $475,292 ($0.26 per share) compared to $610,365 ($0.34 per share) in 2019.<\/p>\n<table style=\"border-collapse: collapse;margin-left:auto;margin-right:auto;width:90%;border-collapse:collapse\">\n<tr>\n<td style=\"text-align: left;vertical-align: middle;border-top: solid black 1pt;vertical-align: bottom\">\u00a0<\/td>\n<td colspan=\"2\" style=\"border-top: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: bottom\">Six months ended<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: center;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td colspan=\"2\" style=\"text-align: center;vertical-align: middle;vertical-align: bottom\">October 31<\/td>\n<\/tr>\n<tr>\n<td style=\"max-width:70%;width:70%;min-width:70%;border-bottom: solid black 1pt;text-align: left;vertical-align: middle;vertical-align: bottom\">\n            <strong>\u00a0<\/strong>\n          <\/td>\n<td style=\"max-width:15%;width:15%;min-width:15%;border-bottom: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: bottom\">2020<\/td>\n<td style=\"max-width:15%;width:15%;min-width:15%;border-bottom: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: bottom\">2019<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left;vertical-align: middle;vertical-align: bottom\">Funds from operations<\/td>\n<td style=\"text-align: right;vertical-align: middle;vertical-align: bottom\">$477,042<\/td>\n<td style=\"text-align: right;vertical-align: middle;vertical-align: bottom\">$616,837<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left;vertical-align: middle;vertical-align: bottom\">Deduct:<\/td>\n<td style=\"text-align: left;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"text-align: left;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left;vertical-align: middle;vertical-align: bottom\">Expenses related to strategic review<\/td>\n<td style=\"text-align: right;vertical-align: middle;vertical-align: bottom\">(1,750)<\/td>\n<td style=\"text-align: right;vertical-align: middle;vertical-align: bottom\">(6,472)<\/td>\n<\/tr>\n<tr>\n<td style=\"border-top: solid black 1pt;border-bottom: solid black 1pt;text-align: left;vertical-align: middle;vertical-align: bottom\">Adjusted funds from operations<\/td>\n<td style=\"border-top: solid black 1pt;border-bottom: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">$475,292<\/td>\n<td style=\"border-top: solid black 1pt;border-bottom: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">$610,365<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"text-align: left;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"text-align: left;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"border-bottom: solid black 1pt;text-align: left;vertical-align: middle;vertical-align: bottom\">Adjusted funds from operations per share<\/td>\n<td style=\"border-bottom: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">$0.26<\/td>\n<td style=\"border-bottom: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">$0.34<\/td>\n<\/tr>\n<\/table>\n<p align=\"justify\">\n        <strong>STRATEGIC REVIEW<\/strong>\n      <\/p>\n<p align=\"justify\">The Board of Directors continually evaluates strategic directions for the Company and has engaged in discussions with potential acquirors. None of those discussions are active at this time. The Board has followed a programme of divesting less desirable sites, which has resulted in the sale of 21 investment properties over the past 6 years. The Company continues to review its strategic alternatives and will update the market as appropriate, and as required.<\/p>\n<p align=\"justify\">The Company\u2019s interim financial statements for the six months ended October 31, 2020, along with the Management\u2019s Discussion and Analysis will be filed with SEDAR at <u><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=ZSfj8awJ-ORFEdt5sPsJbgo8TsC55dVeMICDnrVL_AJFLtuXpMF0JZyLaBlW_q09qynTmQwO163iRJUFiGM0Rw==\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">www.sedar.com<\/a><\/u>.<\/p>\n<p align=\"justify\">\n        <em>Readers are cautioned that although the terms \u201cNet Operating Income\u201d, and \u201cFunds From Operations\u201d are commonly used to measure, compare and explain the operating and financial performance of Canadian real estate companies and such terms are defined in the Management\u2019s Discussion and Analysis, such terms are not recognized terms under Canadian generally accepted accounting principles. Such terms do not necessarily have a standardized meaning and may not be comparable to similarly titled measures presented by the other publicly traded entities.<\/em>\n      <\/p>\n<p align=\"justify\">For the Board of Directors <br \/> G.W.J. Pottow, President <br \/> Tel: 416-698-2591<\/p>\n<p>      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODEwMDUxNyMzODY2Nzk1IzIwOTM4MjU=\" width=\"1\" height=\"1\" \/><br \/>\n      <br \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/ml.globenewswire.com\/release\/track\/e2196656-f910-40d8-b30f-26f5335d3399\" width=\"1\" height=\"1\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>TORONTO, Dec. 10, 2020 (GLOBE NEWSWIRE) &#8212; The Becker Milk Company Limited (the \u201cCompany\u201d) (TSX-BEK.B) is pleased to report the results for the six months ended October 31, 2020. HIGHLIGHTS Total revenues for the six months ended October 31, 2020 were $1,524,336 compared to $1,618,664 for the same period in 2019; Net operating income for Q2 fiscal 2021 was $1,296,169 compared to $1,328,088 in fiscal 2020; Net income for Q2 fiscal 2021 was $ 0.23 per share, compared to $0.25 per share in fiscal 2020. FINANCIAL HIGHLIGHTS Net operating income for the six months ended October 31, 2020 was $1,296,169, a $31,919 decrease compared with the previous year as a result of decreased revenue for the quarter. \u00a0 Six months &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/the-becker-milk-company-limited-six-month-financial-results\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;The Becker Milk Company Limited: Six Month Financial Results&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-397934","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>The Becker Milk Company Limited: Six Month Financial Results - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/the-becker-milk-company-limited-six-month-financial-results\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The Becker Milk Company Limited: Six Month Financial Results - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"TORONTO, Dec. 10, 2020 (GLOBE NEWSWIRE) &#8212; The Becker Milk Company Limited (the \u201cCompany\u201d) (TSX-BEK.B) is pleased to report the results for the six months ended October 31, 2020. HIGHLIGHTS Total revenues for the six months ended October 31, 2020 were $1,524,336 compared to $1,618,664 for the same period in 2019; Net operating income for Q2 fiscal 2021 was $1,296,169 compared to $1,328,088 in fiscal 2020; Net income for Q2 fiscal 2021 was $ 0.23 per share, compared to $0.25 per share in fiscal 2020. FINANCIAL HIGHLIGHTS Net operating income for the six months ended October 31, 2020 was $1,296,169, a $31,919 decrease compared with the previous year as a result of decreased revenue for the quarter. \u00a0 Six months &hellip; Continue reading &quot;The Becker Milk Company Limited: Six Month Financial Results&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/the-becker-milk-company-limited-six-month-financial-results\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2020-12-10T23:03:16+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODEwMDUxNyMzODY2Nzk1IzIwOTM4MjU=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/the-becker-milk-company-limited-six-month-financial-results\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/the-becker-milk-company-limited-six-month-financial-results\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"The Becker Milk Company Limited: Six Month Financial Results\",\"datePublished\":\"2020-12-10T23:03:16+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/the-becker-milk-company-limited-six-month-financial-results\\\/\"},\"wordCount\":465,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/the-becker-milk-company-limited-six-month-financial-results\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODEwMDUxNyMzODY2Nzk1IzIwOTM4MjU=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/the-becker-milk-company-limited-six-month-financial-results\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/the-becker-milk-company-limited-six-month-financial-results\\\/\",\"name\":\"The Becker Milk Company Limited: Six Month Financial Results - 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Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/the-becker-milk-company-limited-six-month-financial-results\/","og_locale":"en_US","og_type":"article","og_title":"The Becker Milk Company Limited: Six Month Financial Results - Market Newsdesk","og_description":"TORONTO, Dec. 10, 2020 (GLOBE NEWSWIRE) &#8212; The Becker Milk Company Limited (the \u201cCompany\u201d) (TSX-BEK.B) is pleased to report the results for the six months ended October 31, 2020. HIGHLIGHTS Total revenues for the six months ended October 31, 2020 were $1,524,336 compared to $1,618,664 for the same period in 2019; Net operating income for Q2 fiscal 2021 was $1,296,169 compared to $1,328,088 in fiscal 2020; Net income for Q2 fiscal 2021 was $ 0.23 per share, compared to $0.25 per share in fiscal 2020. FINANCIAL HIGHLIGHTS Net operating income for the six months ended October 31, 2020 was $1,296,169, a $31,919 decrease compared with the previous year as a result of decreased revenue for the quarter. \u00a0 Six months &hellip; Continue reading \"The Becker Milk Company Limited: Six Month Financial Results\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/the-becker-milk-company-limited-six-month-financial-results\/","og_site_name":"Market Newsdesk","article_published_time":"2020-12-10T23:03:16+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODEwMDUxNyMzODY2Nzk1IzIwOTM4MjU=","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/the-becker-milk-company-limited-six-month-financial-results\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/the-becker-milk-company-limited-six-month-financial-results\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"The Becker Milk Company Limited: Six Month Financial Results","datePublished":"2020-12-10T23:03:16+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/the-becker-milk-company-limited-six-month-financial-results\/"},"wordCount":465,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/the-becker-milk-company-limited-six-month-financial-results\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODEwMDUxNyMzODY2Nzk1IzIwOTM4MjU=","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/the-becker-milk-company-limited-six-month-financial-results\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/the-becker-milk-company-limited-six-month-financial-results\/","name":"The Becker Milk Company Limited: Six Month Financial Results - 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