Jul 16, 2009. /Lesprom Network/. Sales fell 35.4 percent in the third quarter at Jewett-Cameron Trading Co. Ltd., but the wood products supplier still managed to make a profit, as reported by The Portland Business Journal. For the quarter ended May 31, the North Plains-based company reported a profit of $483,553, or 20 cents per share, on revenue of $11.4 million, compared with a profit of $960,376, or 40 cents per share, on $17.6 million in revenue in the same quarter last year. The company sells products to home improvement stores, including fencing and greenhouses. “Total company sales for the nine months were down about 32.9 percent from the prior year, which reflects the weakness in industrial wood sales to pleasure boat manufacturers,” said CEO Don Boone in a news release. “However, our Jewett Cameron Lumber segment reported a 4 percent increase in sales from the prior nine month period. We continue to experience healthy demand for our non-wood specialty products like dog kennels, our proprietary fence gate systems, perimeter fencing, and greenhouses, even in this difficult economic environment.” The company continues to cut costs, including a 10 percent reduction in its work force. It has no outstanding balance on its $5 million credit line and has $4.9 million in cash. The company may use the cash to buy back shares.