TORONTO, Dec. 11, 2025 (GLOBE NEWSWIRE) — The Becker Milk Company Limited (the “Company”) (TSX-BEK.B) is pleased to report the results for the six months ended October 31, 2025.
HIGHLIGHTS
- Total revenues for the six months ended October 31, 2025 were $1,428,054 compared to $1,451,462 for the same period in 2024;
- The year-to-date non-GAAP financial measure Net Operating Income for Q2 fiscal 2026 was $1,137,175 compared to $1,191,698 in fiscal 2025;
- The year-to-date net income for Q2 fiscal 2026 was $0.39 per share, compared to $0.78 net income per share in Q2 fiscal 2025.
FINANCIAL HIGHLIGHTS
Total revenues for the six months ended October 31, 2025 fell $23,408 compared to the six months ended October 31, 2024, a result of reduced finance income.
| Six months ended | |||||||||
| October 31 | |||||||||
| 2025 | 2024 | ||||||||
| Property revenue | $ | 1,369,949 | $ | 1,362,324 | |||||
| Finance income | 58,105 | 89,138 | |||||||
| Total revenues | $ | 1,428,054 | $ | 1,451,462 | |||||
| Net income attributable to common | |||||||||
| and special shareholders | $ | 712,962 | $ | 1,408,754 | |||||
| Average common and special shares outstanding | 1,808,360 | 1,808,360 | |||||||
| Income per share | $ | 0.39 | $ | 0.78 | |||||
Components of the $695,792 decrease in net income for the six months ended October 31, 2025 compared to the six months ended October 31, 2024 are:
| Changes in Net Income – Six months ended October 31, 2025 |
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| compared to six months ended October 31, 2024 | |||||||
| Provision for environmental liability | |||||||
| Decrease in deferred tax charges | $ | 1,159,205 | |||||
| Proceeds of expropriation settlement | |||||||