BIOX Corp. Cuts Q3 2011 Loss As Sales Rally
BIOX Corporation (BX.TO) announced that its net loss was $2.5 million in third quarter of 2011 compared to the previous year's $6 million after sales surge to $24.5 million from $6.6 million in the previous year. The increase in sales was primarily the result of a produce and store strategy the company implemented during the third quarter of fiscal 2010, the sale of 2.6 million liters of biodiesel acquired from third parties during the third quarter of 2011, and higher revenue per liter of biodiesel sold.
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