(Windsor, Ontario – October 4, 2018) – Reko International Group Inc. (TSX-V: REKO) today announced results for its year ended July 31, 2018.
Consolidated sales for the fourth quarter of 2018 were $10.2 million compared to $9.7 million in the same period last year, an increase of $0.5 million or 5.3%. This was largely due to the number of projects completed during the quarter. Consolidated sales for the year ended July 31, 2018, were $42.3 million, compared to $43.0 million in the prior year, a decrease of $0.7 million or 1.6%. The decrease in sales was related to consistently lower currency exchange rates particularly in the early part of the fiscal year.