CALGARY – Recreational vehicle and tourism operator CanaDream Corporation (TSXV:CDN) reports its net profits fell marginally but sales rose 12 per cent in the last fiscal year.
The Calgary company said Friday it earned $324,000 or 1.64 cents a share for the fiscal year ended April 30. That was down one per cent from earnings of $326,000 or the previous year.
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Annual revenues rose 12 per cent to $25 million from $22.3 million.
Canadream’s core business, promoting tourism in Canada by selling and renting recreational vehicles, is seasonal with most of its revenues from May to October, the first and second quarters of its fiscal year.
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