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Bri-Chem Management Says Lower Salary, SG&A Costs Drive Q3 2026 Adjusted EBITDA Increase
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Bri-Chem Management Says Lower Salary, SG&A Costs Drive Q3 2026 Adjusted EBITDA Increase
  • Bri-Chem’s management commentary attributed Q3 2026 earnings improvement to lower salaries and SG&A expenses, partly offset by weaker margins.
  • Net earnings rose to CAD 423,000 from CAD 160,000; adjusted EBITDA increased to CAD 925,000 from CAD 836,000.
  • Sales increased 1% to CAD 18.35 million, driven by US blending and packaging growth, partly offset by distribution declines.
  • Gross margin fell CAD 505,000 as below-cost oil-based mud liquidation in US distribution outweighed improved margins elsewhere.
  • Salaries declined CAD 321,000 on reduced headcount; SG&A fell CAD 263,000, reflecting a CAD 445,000 gain on asset disposals.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Bri-Chem Corp. published the original content used to generate this news brief on November 12, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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