A writedown of investments in several associated companies contributed to Imperial Metals’ (TSE) net loss of $3.7 million for the third quarter ended Dec. 31. This compares to net income of $240,000 in the third quarter of 1990.
Imperial recorded an operating loss of $114,000 for the quarter on revenues of $1.24 million, compared to operating income of $208,000 on revenues of $1.29 million in the 1990 third quarter.
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