Core Insights - Reko International Group Inc. reported a net income of $377,000 for the second quarter of fiscal 2026, reflecting a 20.4% increase compared to the previous year [1] - Earnings per share rose to $0.07 from $0.05 a year ago, indicating improved profitability despite a decline in sales [1] Financial Performance - Consolidated sales for the quarter were $10,165,000, down by $621,000 or 5.8% from $10,786,000 in the same quarter last year [1] - Gross profit decreased by $71,000 or 4.3%, attributed to lower sales volumes, although offset by a favorable project mix and cost management [1] - The company deployed $2.7 million in mortgage repayment, $2.2 million in growth-related capital expenditures, and paid out $1.1 million in dividends to shareholders during the six-month period [1] Operational Highlights - The decline in sales was linked to lower volumes in certain business areas and the timing of project activities, with more projects in earlier stages of completion [1] - Cost initiatives from the previous year resulted in $280,000 in labor savings by better aligning fixed labor costs with sales levels [1] - The company maintained a focus on delivering high-quality engineered products and solutions while managing controllable costs to strengthen the organization [1] Shareholder Returns - Reko returned capital to shareholders through a dividend payment, reflecting confidence in the business and the strength of its balance sheet [1] - The company also purchased and canceled 1,400 shares under its normal course issuer bid, which expired on January 8, 2026 [1]

Core Viewpoint - Reko International Group Inc. has declared a cash dividend of $0.20 per common share, payable on January 16, 2026, to shareholders of record on December 16, 2025 [1] Company Overview - Reko International Group Inc. is a diversified, technology-driven manufacturing company located in Southwestern Ontario, specializing in robotic automation equipment and precision machining services [3] - The company serves various industries including power generation, automotive, aerospace, rail, mining, offsite construction, infrastructure, and capital equipment [3] - Reko aims to be a pillar and protector of sustainable North American manufacturing and production [3]