Trailmobile Canada Fiscal Revenues Decline

Trailmobile Canada Ltd has announced its fiscal results for the third quarter ended June 29, 2001. Revenues for the third quarter totaled $18.1 million, a decrease of $16.5 million when compared with the third quarter in fiscal 2000. For the year to date, revenues totaled $56.5 million, a decrease of $52.5 million when compared with year-to-date figures of fiscal 2000, when the company recorded revenues of $108.7 million. Lower sales volumes combined with competitive pricing has resulted in the company posting a third-quarter and year-to-date loss of $551,627 and $2.0 million, respectively, for fiscal 2001.