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JEWETT-CAMERON TRADING COMPANY LTD. AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Feb. 29, 2020
Feb. 28, 2019
Feb. 29, 2020
Feb. 28, 2019
Details        
SALES $ 7,621,927 $ 7,857,175 $ 14,677,105 $ 16,923,275
COST OF SALES 5,616,672 6,095,887 10,623,507 12,852,901
GROSS PROFIT 2,005,255 1,761,288 4,053,598 4,070,374
OPERATING EXPENSES        
Selling, general and administrative expenses 763,910 405,888 1,412,920 962,036
Depreciation and amortization 58,063 45,401 106,211 96,271
Wages and employee benefits 1,346,302 1,252,374 2,708,361 2,475,433
Total operating expenses 2,168,275 1,703,663 4,227,492 3,533,740
(Loss) income from operations (163,020) 57,625 (173,894) 536,634
OTHER ITEMS        
Gain on sale of property, plant and equipment 400 105,365 400 105,365
Interest and other income 6,584 9,184 18,198 26,335
Total other items 6,984 114,549 18,598 131,700
(Loss) income before income taxes (156,036) 172,174 (155,296) 668,334
Income tax expense (18,226) (52,545) (25,588) (199,011)
Net (loss) income $ (174,262) $ 119,629 $ (180,884) $ 469,323
Basic earnings per common share $ (0.05) $ 0.03 $ (0.05) $ 0.11
Diluted earnings per common share $ (0.05) $ 0.03 $ (0.05) $ 0.11
Basic 3,562,630 4,218,348 3,811,956 4,218,672
Diluted 3,562,630 4,218,348 3,811,956 4,218,672