The Telegram (St. John's)

HNZ profit nearly quadruples, revenue up 31.6 per cent

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MONTREAL – HNZ Group reported a $6.4 million third-quarter net profit Monday, which was nearly four times higher than a year ago.

The Montreal-based helicopter services company (TSX:HNZ) said its net income amounted to 50 cents per share, including discontinu­ed operations.

Net income from continuing operations, attributab­le to common shareholde­rs, was $6.3 million or 49 cents per share.

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