The Becker Milk Company Limited
TSX : Bek.NV.B

December 15, 2006 13:59 ET

The Becker Milk Company Limited 'Stock Symbol-Bek.NV.B': Press Release

TORONTO, ONTARIO--(CCNMatthews - Dec. 15, 2006) - The Becker Milk Company Limited (TSX:BEK.NV.B) -

To Our Shareholders:

We are pleased to report the results for the six months ending October 31, 2006 from our real estate and investment management business.

Revenue of $ 1,897,668 for the first six months compares to $ 1,792,264 for the same period in 2005.

An increase in revenues in the first six months of fiscal 2007 as compared to the first six months of last year, is primarily due to escalating rents and recoverable real estate taxes.

Net income for the six months ending October 31, 2006 of $ 564,676 ($442,913 in 2005) is equivalent to 31 cents per share (25 cents in 2005).

We are also pleased to announce that Mr. Brian Rattenbury has been appointed as the Chief Financial Officer of the Company.

For the Board of Directors

G.W.J. Pottow, President

Contact Information

  • The Becker Milk Company Limited
    G.W.J. Pottow
    President
    (416) 698-2591