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Porcelana reformulation impacts company's performance.
October 20, 2022
By: Lianna Albrizio
Associate Editor
CCA Industries, Inc. reported a net loss of $114,047 for the three months ended August 31, 2022 as compared to a net loss of $82,109 for prior-year quarter. Net income was $139,604 for the nine months ended August 31, 2022 as compared to net income of $273,445 for the nine months ended August 31, 2021. The net income for the nine months ended August 31, 2021, however, included a $316,400 gain on extinguishment of debt as a result of the forgiveness of the loan granted under the Payche...
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