Canadian Equipment Rental Q3 Losses Tighten As Revenue Moves Higher

Calgary - Construction and industrial equipment renter Canadian Equipment Rental Fund LP tightened its losses in the third quarter as revenues rose 28%.

The Calgary-based fund, which rents, sells and services industrial and construction equipment, reported a loss of $158,198, or three cents per share, for the three months ended Sept. 30. That compares to a year-earlier loss of $456,346 or eight cents per share.

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