VANCOUVER - Lululemon Athletica inc. continues to cash in on the success of its yoga-inspired fashions and accessories, with its third-quarter profit beating analyst expectations on strong sales growth.The Vancouver-based retailer (TSX:LLL) saw its third-quarter profit soar by 51 per cent over the same time last year.Net income jumped to US$ 38.8 … [Read more...]
Nevsun Q3 profit reaches US$89.2 million
November 14, 2011 by
VANCOUVER - Nevsun Resources Ltd. (TSX:NSU) reported Monday a third-quarter profit of US$ 89.2 million, reversing a year-ago loss of $ 1.3 million when the gold miner had yet to record any revenue from production.Revenues came in at $ 185 million on production of 108,600 ounces of gold at an average realized price per ounce sold of $ … [Read more...]
Timmins Gold posts fiscal Q2 profit of $3.6M
November 9, 2011 by
VANCOUVER - Higher production and realized prices helped Timmins Gold Corp. (TSX:TMM) swing to a profit in its fiscal 2012 second quarter as revenues rose 44 per cent.The Vancouver-based gold producer said net earnings for the three months ended Sept. 30 were US$ 3.6 million or three cents per share. That compared with a loss of $ 803,714 or a … [Read more...]
First Quantum posts US$120-million profit
November 8, 2011 by
VANCOUVER - Copper and gold producer First Quantum Minerals Ltd. (TSX:FM) had a US$ 120-million profit in the third quarter, as revenue increased 12 per cent from the year-earlier period.The profit, including US$ 90.9 million to common shareholders and US$ 29.6 million to non-controlling interests, amounted to 20 cents per share or 30 cents per … [Read more...]
Taiga Building Products Q2 profit hits $3.3M
November 4, 2011 by
BURNABY, B.C. - Taiga Building Products Ltd. (TSX:TBL) has credited an increase in gross margin for a big improvement in its fiscal 2011 second quarter earnings.The Burnaby-based wholesale distributor of building products said it earned a profit of $ 3.3 million or 10 cents per share in the three months ended Sept. 30. That was up from $ 1.9 … [Read more...]
Telus says Q3 profit rises 30 per cent
November 4, 2011 by
VANCOUVER - Telus Corp. (TSX:T) is boosting its dividend by 5.5 per cent following stronger third-quarter profits.The telecommunications company says it will raise the dividend to 58 cents per share, up from 55 cents.The increase comes after the company's third-quarter net income rose 30 per cent to $ 326 million from $ 251 million a year … [Read more...]
Endeavour Silver turns Q3 profit of $3.1M
November 2, 2011 by
VANCOUVER - Junior miner Endeavour Silver Corp. (TSX:EDR) reported Wednesday a third-quarter profit of $ 3.1 million, reversing a year-ago loss of $ 9.6 million as gold and silver production from its mines in Mexico both increased.The Vancouver-based company said its earnings amounted to four cents per share, compared with a loss of 15 cents per … [Read more...]
Lower loss provision boosts HSBC Q3 profit
November 2, 2011 by
VANCOUVER - HSBC Bank Canada says its bottom line improved in the third quarter due to lower loan-impairment charges and higher income from fees. The bank had a $ 201-million profit in the third quarter of 2011, up $ 55 million or 37.7 per cent compared with $ 146 million for the third quarter of 2010. … [Read more...]
MDA Q3 profit stable
October 28, 2011 by
VANCOUVER - MacDonald, Dettwiler and Associates Ltd., (TSX:MDA), a provider of space and information technology, had nearly $ 40 million of net income in the third quarter — about level with the same time last year.Growth at MDA's continuing operations offset the impact of selling the company's property information business, the Vancouver-area … [Read more...]
Timmins Gold posts Q1 net profit of $5.7M
September 14, 2011 by
VANCOUVER - Timmins Gold (TSX:TMM) said Wednesday that revenues increased 95 per cent to $ 27 million in the first quarter as the gold producer increased net profit to $ 5.7 million.That compared with a net loss of $ 1 million in the same period last year on revenues of $ 13.8 million.Earnings per share diluted were four cents compared with a … [Read more...]
