{"id":456255,"date":"2021-03-11T14:52:10","date_gmt":"2021-03-11T19:52:10","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=456255"},"modified":"2021-03-11T14:52:10","modified_gmt":"2021-03-11T19:52:10","slug":"reko-reports-profitable-second-quarter","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/reko-reports-profitable-second-quarter\/","title":{"rendered":"Reko Reports Profitable Second Quarter"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">Canada NewsWire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>WINDSOR,\u00a0ON, <span class=\"xn-chron\">March 11, 2021<\/span> \/CNW\/ &#8211;\u00a0Reko International Group Inc. (TSX-V: REKO) today announced results for its quarter ended <span class=\"xn-chron\">January 31, 2021<\/span>.<\/p>\n<p>Financial Highlights:<br \/><i>(in 000 &#8216;s except for per share amounts)<\/i><\/p>\n<div>\n<table cellspacing=\"0\" cellpadding=\"0\" border=\"0\" class=\"prnbcc\">\n<tr>\n<td rowspan=\"4\" class=\"prngen2\">\n              \n            <\/td>\n<td colspan=\"2\" class=\"prnsbt1 prnrbrs prnvab prnsbb1 prntac prnpl6 prnsbl1 prnpr6\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Three Months<\/span>\n              <\/p>\n<\/td>\n<td colspan=\"2\" class=\"prnsbt1 prnsbr1 prnvab prnsbb1 prntac prnpl6 prnsbl1 prnpr6\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Six Months<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td colspan=\"2\" class=\"prnsbt1 prnrbrs prnvab prnsbbs prntac prnpl6 prnsbl1 prnpr6\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(unaudited)<\/span>\n              <\/p>\n<\/td>\n<td colspan=\"2\" class=\"prnsbt1 prnsbr1 prnvab prnsbbs prntac prnpl6 prnsbl1 prnpr6\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(unaudited)<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen7\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Fiscal<\/span>\n              <\/p>\n<\/td>\n<td class=\"prnsbt1 prnrbrs prnvab prnsbb1 prntar prnpl6 prnsbl1 prnpr6\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Fiscal<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen7\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Fiscal<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen7\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Fiscal<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen2\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">2021<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen9\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">2020<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">2021<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">2020<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen10\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Sales<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen11\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">$10,982<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen11\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">$9,538<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen12\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">$17,825<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen12\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">$18,888<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen10\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Net income <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen11\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">468<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen11\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">57<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen13\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(428)<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen12\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">197<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen10\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">EPS basic<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen11\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">0.07<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen11\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">0.01<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen13\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(0.07)<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen12\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">0.03<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen10\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Working capital<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen11\">\n              \n            <\/td>\n<td class=\"prngen14\">\n              \n            <\/td>\n<td class=\"prngen15\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">19,890<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen12\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">17,286<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen10\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Shareholders&#8217; equity<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen11\">\n              \n            <\/td>\n<td class=\"prngen14\">\n              \n            <\/td>\n<td class=\"prngen15\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">46,031<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen12\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">46,501<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prnsbt1 prnsbr1 prnvab prnsbbs prnpl6 prnsbl1 prnpr6\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Shareholders&#8217; Equity per Share<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen2\">\n              \n            <\/td>\n<td class=\"prngen9\">\n              \n            <\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">7.57<\/span>\n              <\/p>\n<\/td>\n<td class=\"prnsbt1 prnsbr1 prnvab prnsbbs prntar prnpl6 prnsbls prnpr8\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">7.37<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<\/table><\/div>\n<p>Consolidated sales for the second quarter of 2021 were <span class=\"xn-money\">$11.0 million<\/span> compared to <span class=\"xn-money\">$9.5 million<\/span> in the same period last year, an increase of <span class=\"xn-money\">$1.4 million<\/span> or 15%.\u00a0 The increase in sales volumes was a result of companies being more willing to kick off new awards.\u00a0 While the pandemic will continue to present challenges, the improvement in sales is a positive sign.\u00a0 <\/p>\n<p>Gross profit for the quarter ended <span class=\"xn-chron\">January 31, 2021<\/span> was <span class=\"xn-money\">$1.1 million<\/span> compared to <span class=\"xn-money\">$1.0 million<\/span> for the same period in the prior year.\u00a0 Gross profit as a percentage of sales of 9.8% for the quarter is an improvement from the first quarter&#8217;s gross profit of 5%.\u00a0 An increase in sales volumes has helped improve operational efficiencies, which in turn positively impact gross margin.\u00a0 <\/p>\n<p>Selling and administrative expenses for the second quarter of fiscal 2021 totalled <span class=\"xn-money\">$1.0 million<\/span> compared to <span class=\"xn-money\">$1.2 million<\/span> for the same period in fiscal 2020.\u00a0 The Company continues to diligently control discretionary spending.\u00a0 <\/p>\n<p>Net income for the three months ended <span class=\"xn-chron\">January 31, 2021<\/span> was <span class=\"xn-money\">$0.5 million<\/span> or <span class=\"xn-money\">$0.07<\/span> per share compared to <span class=\"xn-money\">$0.05 million<\/span> or <span class=\"xn-money\">$0.01<\/span> per share for the same period in the prior year.\u00a0 For the six months ended <span class=\"xn-chron\">January 31, 2021<\/span>, net loss was <span class=\"xn-money\">$0.4 million<\/span> or <span class=\"xn-money\">$0.07<\/span> per share, compared to <span class=\"xn-money\">$0.2 million<\/span> or <span class=\"xn-money\">$0.03<\/span> per share in the same period last year.<\/p>\n<p>During the quarter ended <span class=\"xn-chron\">January 31, 2021<\/span>, Reko purchased and subsequently cancelled 137,800 shares under the provision of the normal course issuer bid.\u00a0 A total of 158,900 common shares have been purchased and cancelled during the fiscal year at a cost of <span class=\"xn-money\">$0.5 million<\/span>.\u00a0 <\/p>\n<p>&#8220;The quarter included a long-awaited improvement in workload consistent with the increasing demand seen in some of our markets&#8221;, noted <span class=\"xn-person\">Diane Reko<\/span>, CEO. &#8220;We continue to focus on operational efficiencies as we step up to assist our customers in capturing their share of this pent-up demand.&#8221;<\/p>\n<p>Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.<\/p>\n<p>\n        <b>About Reko International Group Inc.<\/b>\n      <\/p>\n<p>\n        <i>Reko International Group Inc. (TSX-V:REKO) is a diversified, technology-driven manufacturing organization located in <span class=\"xn-location\">Southwestern Ontario<\/span>, just minutes from the U.S. border. Areas of expertise include robotic factory automation solutions, the precision machining of large critical parts, and plastic injection and low compression acoustic tooling. Reko&#8217;s family-oriented culture embraces past experience, fosters innovation, and always ensures the highest standard of quality. Reko believes in strengthening communities by advancing manufacturing. <\/i>\n      <\/p>\n<p>SOURCE  Reko International Group Inc.<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=C5074&amp;Transmission_Id=202103111448CANADANWWEB______C5074&amp;DateId=20210311\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Canada NewsWire WINDSOR,\u00a0ON, March 11, 2021 \/CNW\/ &#8211;\u00a0Reko International Group Inc. (TSX-V: REKO) today announced results for its quarter ended January 31, 2021. Financial Highlights:(in 000 &#8216;s except for per share amounts) Three Months Six Months (unaudited) (unaudited) Fiscal Fiscal Fiscal Fiscal 2021 2020 2021 2020 Sales $10,982 $9,538 $17,825 $18,888 Net income 468 57 (428) 197 EPS basic 0.07 0.01 (0.07) 0.03 Working capital 19,890 17,286 Shareholders&#8217; equity 46,031 46,501 Shareholders&#8217; Equity per Share 7.57 7.37 Consolidated sales for the second quarter of 2021 were $11.0 million compared to $9.5 million in the same period last year, an increase of $1.4 million or 15%.\u00a0 The increase in sales volumes was a result of companies being more willing to kick &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/reko-reports-profitable-second-quarter\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Reko Reports Profitable Second Quarter&#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-456255","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>Reko Reports Profitable Second Quarter - 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\/reko-reports-profitable-second-quarter\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Reko Reports Profitable Second Quarter - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Canada NewsWire WINDSOR,\u00a0ON, March 11, 2021 \/CNW\/ &#8211;\u00a0Reko International Group Inc. (TSX-V: REKO) today announced results for its quarter ended January 31, 2021. Financial Highlights:(in 000 &#8216;s except for per share amounts) Three Months Six Months (unaudited) (unaudited) Fiscal Fiscal Fiscal Fiscal 2021 2020 2021 2020 Sales $10,982 $9,538 $17,825 $18,888 Net income 468 57 (428) 197 EPS basic 0.07 0.01 (0.07) 0.03 Working capital 19,890 17,286 Shareholders&#8217; equity 46,031 46,501 Shareholders&#8217; Equity per Share 7.57 7.37 Consolidated sales for the second quarter of 2021 were $11.0 million compared to $9.5 million in the same period last year, an increase of $1.4 million or 15%.\u00a0 The increase in sales volumes was a result of companies being more willing to kick &hellip; Continue reading &quot;Reko Reports Profitable Second Quarter&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/reko-reports-profitable-second-quarter\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-03-11T19:52:10+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=C5074&amp;Transmission_Id=202103111448CANADANWWEB______C5074&amp;DateId=20210311\" \/>\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\\\/reko-reports-profitable-second-quarter\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/reko-reports-profitable-second-quarter\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Reko Reports Profitable Second Quarter\",\"datePublished\":\"2021-03-11T19:52:10+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/reko-reports-profitable-second-quarter\\\/\"},\"wordCount\":450,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/reko-reports-profitable-second-quarter\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/rt.prnewswire.com\\\/rt.gif?NewsItemId=C5074&amp;Transmission_Id=202103111448CANADANWWEB______C5074&amp;DateId=20210311\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/reko-reports-profitable-second-quarter\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/reko-reports-profitable-second-quarter\\\/\",\"name\":\"Reko Reports Profitable Second Quarter - Market Newsdesk\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/reko-reports-profitable-second-quarter\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/reko-reports-profitable-second-quarter\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/rt.prnewswire.com\\\/rt.gif?NewsItemId=C5074&amp;Transmission_Id=202103111448CANADANWWEB______C5074&amp;DateId=20210311\",\"datePublished\":\"2021-03-11T19:52:10+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/reko-reports-profitable-second-quarter\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/reko-reports-profitable-second-quarter\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/reko-reports-profitable-second-quarter\\\/#primaryimage\",\"url\":\"https:\\\/\\\/rt.prnewswire.com\\\/rt.gif?NewsItemId=C5074&amp;Transmission_Id=202103111448CANADANWWEB______C5074&amp;DateId=20210311\",\"contentUrl\":\"https:\\\/\\\/rt.prnewswire.com\\\/rt.gif?NewsItemId=C5074&amp;Transmission_Id=202103111448CANADANWWEB______C5074&amp;DateId=20210311\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/reko-reports-profitable-second-quarter\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Reko Reports Profitable Second Quarter\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#website\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/\",\"name\":\"Market Newsdesk\",\"description\":\"Latest Business News in Real Time\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\",\"name\":\"Newsdesk\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g\",\"caption\":\"Newsdesk\"},\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/author\\\/newsdesk\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Reko Reports Profitable Second Quarter - 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\/reko-reports-profitable-second-quarter\/","og_locale":"en_US","og_type":"article","og_title":"Reko Reports Profitable Second Quarter - Market Newsdesk","og_description":"Canada NewsWire WINDSOR,\u00a0ON, March 11, 2021 \/CNW\/ &#8211;\u00a0Reko International Group Inc. (TSX-V: REKO) today announced results for its quarter ended January 31, 2021. Financial Highlights:(in 000 &#8216;s except for per share amounts) Three Months Six Months (unaudited) (unaudited) Fiscal Fiscal Fiscal Fiscal 2021 2020 2021 2020 Sales $10,982 $9,538 $17,825 $18,888 Net income 468 57 (428) 197 EPS basic 0.07 0.01 (0.07) 0.03 Working capital 19,890 17,286 Shareholders&#8217; equity 46,031 46,501 Shareholders&#8217; Equity per Share 7.57 7.37 Consolidated sales for the second quarter of 2021 were $11.0 million compared to $9.5 million in the same period last year, an increase of $1.4 million or 15%.\u00a0 The increase in sales volumes was a result of companies being more willing to kick &hellip; Continue reading \"Reko Reports Profitable Second Quarter\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/reko-reports-profitable-second-quarter\/","og_site_name":"Market Newsdesk","article_published_time":"2021-03-11T19:52:10+00:00","og_image":[{"url":"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=C5074&amp;Transmission_Id=202103111448CANADANWWEB______C5074&amp;DateId=20210311","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\/reko-reports-profitable-second-quarter\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/reko-reports-profitable-second-quarter\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Reko Reports Profitable Second Quarter","datePublished":"2021-03-11T19:52:10+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/reko-reports-profitable-second-quarter\/"},"wordCount":450,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/reko-reports-profitable-second-quarter\/#primaryimage"},"thumbnailUrl":"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=C5074&amp;Transmission_Id=202103111448CANADANWWEB______C5074&amp;DateId=20210311","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/reko-reports-profitable-second-quarter\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/reko-reports-profitable-second-quarter\/","name":"Reko Reports Profitable Second Quarter - Market Newsdesk","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/reko-reports-profitable-second-quarter\/#primaryimage"},"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/reko-reports-profitable-second-quarter\/#primaryimage"},"thumbnailUrl":"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=C5074&amp;Transmission_Id=202103111448CANADANWWEB______C5074&amp;DateId=20210311","datePublished":"2021-03-11T19:52:10+00:00","author":{"@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"breadcrumb":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/reko-reports-profitable-second-quarter\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.marketnewsdesk.com\/index.php\/reko-reports-profitable-second-quarter\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/reko-reports-profitable-second-quarter\/#primaryimage","url":"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=C5074&amp;Transmission_Id=202103111448CANADANWWEB______C5074&amp;DateId=20210311","contentUrl":"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=C5074&amp;Transmission_Id=202103111448CANADANWWEB______C5074&amp;DateId=20210311"},{"@type":"BreadcrumbList","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/reko-reports-profitable-second-quarter\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.marketnewsdesk.com\/"},{"@type":"ListItem","position":2,"name":"Reko Reports Profitable Second Quarter"}]},{"@type":"WebSite","@id":"https:\/\/www.marketnewsdesk.com\/#website","url":"https:\/\/www.marketnewsdesk.com\/","name":"Market Newsdesk","description":"Latest Business News in Real Time","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.marketnewsdesk.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979","name":"Newsdesk","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g","caption":"Newsdesk"},"url":"https:\/\/www.marketnewsdesk.com\/index.php\/author\/newsdesk\/"}]}},"_links":{"self":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/posts\/456255","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/comments?post=456255"}],"version-history":[{"count":0,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/posts\/456255\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/media?parent=456255"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/categories?post=456255"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/tags?post=456255"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}