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ADF GROUP INC. ANNOUNCE THE RESULTS FOR THE FISCAL YEAR ENDED JANUARY 31, 2023

Newswire.ca - Thu Apr 13, 2023

HIGHLIGHTS

TERREBONNE, QC, April 13, 2023 /CNW/ -

ADF GROUP INC. ("ADF" or the "Corporation") (TSX: DRX) recorded revenues of $250.9 million during the fiscal year ended January 31, 2023, compared with $280.7 million the previous fiscal year. This decrease in revenues is mainly attributable to the inclusion of high-volume projects with accelerated production schedules that increased the revenues of the previous fiscal year ended January 31, 2022, but with much lower margins than normally generated by our Corporation.

Read more at newswire.ca

Provided Content: Content provided by Newswire.ca. The Globe and Mail was not involved, and material was not reviewed prior to publication.

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