Lethbridge Hurricanes Present Shareholders with $683,000 Turnaround
LETHBRIDGE – It was a decidedly upbeat atmosphere at the Enmax Centre, as the Lethbridge Hurricanes held their 31st Annual General Meeting of the Shareholders.
After years of losses – both on the ice and in the organizational coffers – the team presented a profit for the 2015-16 WHL season of $197,000 to go with the 46 wins the club posted.
When compared to the $486,000 in losses for the Hurricanes the previous season, it represented a turnaround of $683,000.
“It’s truly a breath of fresh air for these shareholders,” stated Board of Directors President, Doug Paisley, after the meeting. “It’s the first time in a long time we’ve showed numbers in the black, and we’re real proud of the accomplishment and the swing, but I mean the credit has to go to the people that we put in place to do the job.