Canadian Equipment Rental Q3 Losses Tighten As Revenue Moves Higher

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

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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