Trailmobile Canada Ltd has announced its fiscal results for the second quarter ended March 30, 2001. The company realized a loss of $435,388 for this quarter, compared with a profit of $604,195 for the same period in 2000. On a year-to-date basis, the firm sustained a loss of $1,403,419 for the six months ended March 30, 2001, compared with a profit of $874,852 for the same six months in fiscal 2000.
Continuing weak demand for trailers resulted in lower revenues of $17.1 million for the second quarter of fiscal 2001. This represents a decrease of 58.7% when compared with the same quarter in 2000, when the company saw revenues of $41.3 million. Year-to-date, the company reported revenues of $38.4 million for the first six months ended March 2001 and $74.1 million for the same period in 2000. This represents a 48.2% decline in revenues from the previous year.