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JEWETT-CAMERON TRADING COMPANY LTD. AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
12 Months Ended
Aug. 31, 2019
Aug. 31, 2018
Details    
SALES $ 45,446,362 $ 53,923,152
COST OF SALES 35,481,931 42,325,338
GROSS PROFIT 9,964,431 11,597,814
OPERATING EXPENSES    
Selling, general and administrative 2,127,296 2,103,899
Depreciation and amortization 191,819 274,065
Wages and employee benefits 4,907,766 4,943,431
Total operating expenses 7,226,881 7,321,395
Income from operations 2,737,550 4,276,419
OTHER ITEMS    
Gain (loss) on sale of property, plant and equipment 105,366 (27,022)
Interest and other income 45,228 30,026
Total other items 150,594 3,004
Income before income taxes 2,888,144 4,279,423
Income taxes (note 6)    
Current 808,341 1,288,275
Deferred (recovery) (20,649) 70,509
Net income for the year $ 2,100,452 $ 2,920,639
Basic earnings per common share $ 0.50 $ 0.66
Diluted earnings per common share $ 0.50 $ 0.66
Basic 4,233,304 4,430,940
Diluted 4,233,304 4,430,940