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JEWETT-CAMERON TRADING COMPANY LTD. AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
3 Months Ended
Nov. 30, 2020
Nov. 30, 2019
Details    
SALES $ 10,316,284 $ 7,055,178
COST OF SALES 7,353,385 5,006,835
GROSS PROFIT 2,962,899 2,048,343
OPERATING EXPENSES    
Selling, general and administrative expenses 694,628 649,010
Depreciation and amortization 50,529 48,148
Wages and employee benefits 1,593,959 1,362,059
Total operating expenses 2,339,116 2,059,217
Income from operations 623,783 (10,874)
OTHER ITEMS    
Interest and other income 3,000 11,615
Income before income taxes 626,783 741
Income tax expense [1] (138,256) (7,362)
Net income (loss) $ 488,527 $ (6,621)
Basic earnings per common share $ 0.14 $ (0.00)
Diluted earnings per common share $ 0.14 $ (0.00)
Basic 3,481,162 3,971,282
Diluted 3,481,162 3,971,282
[1] IS1