The Becker Milk Company Limited

July 27, 2005 14:40 ET

The Becker Milk Company Limited: Press Release

TORONTO, ONTARIO--(CCNMatthews - July 27, 2005) - The Becker Milk Company Limited (TSX:BEK.B)

To Our Shareholders:

We are pleased to report the results for the year ending April 30, 2005 from our real estate and investment management business.

The Company experienced a successful twelve months of operations. Revenues for the year increased to $3,662,708 from $3,525,883 for the same period in 2004. The net increase in revenue is mostly attributed to the retroactive rent paid in the second quarter of fiscal 2005 by Mac's Convenience Stores Inc. related to the successful renewal of leases.

Net income for the year ended April 30, 2005 of $1,362,252 ($4,182,602 in 2004) is equivalent to 75 cents per share ($2.31 in 2004).

For the Board of Directors

G.W.J. Pottow


Contact Information

  • The Becker Milk Company Limited
    G.W.J. Pottow