Friday, June 5, 2015

Ten Peaks Coffee Company Inc. - TPK.t

Ten Peaks Coffee Company Inc. - TPK.t owns all of the interests of the Swiss Water Decaffeinated Coffee Company Inc., a premium green coffee decaffeinator located in Burnaby, British Columbia. It also owns and operates Seaforth Supply Chain Solutions Inc., a green coffee handling and storage business located in Vancouver.

The company currently pays a quarterly dividend of $0.0625 ($0.25 per annum) per share.







On May 13, 2015 the company released Numbers

"Ten Peaks Coffee Company Reports Excellent Results for Q1 2015 and Announces Planned Capacity Increase Ten Peaks Coffee Company Inc. will hold a conference call to discuss its financial results for the three months ended March 31, 2015 today, May 13 at 2:30 pm Pacific Time (5:30 pm Eastern Time). To participate, please dial 1-800-952-4972 (toll free) or 416-340-8527 (GTA and international) approximately five minutes before the call and provide the company name. A replay will be available through May 28, 2015 at 1-800-408-3053 (toll free) or 905-694-9451 (GTA and international) passcode: 8239085.

Ten Peaks Coffee Company Inc. (TSX:TPK) ("Ten Peaks" or "the company") today reported financial results for the three months ended March 31, 2015. The three-month period represents the first quarter of the company's 2015 fiscal year. Ten Peaks is a leading specialty coffee company doing business through two wholly owned subsidiaries, Swiss Water Decaffeinated Coffee Company, Inc. ("SWDCC") and Seaforth Supply Chain Solutions Inc. ("Seaforth"), the company's green coffee handling and storage subsidiary. SWDCC is a premium green coffee decaffeinator located in Burnaby, BC, which employs the proprietary SWISS WATER® Process to decaffeinate green coffee without the use of chemicals. It is the company's primary business, and the results reported here reflect SWDCC's operating performance.

During the three months ended March 31, 2015, SWDCC continued to build on last year's substantial business growth. As a result, first quarter processing volumes grew by 27% over Q1 2014 driving significant increases in the company's revenues, gross profit, net income and EBITDA for the period.

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http://pennystockjournal.blogspot.com/2014/11/ten-peaks-coffee-company-inc-tpkt.html





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