Dominion Citrus Income Fund Third Quarter 2011 Report to Unitholders
Three Months Ended October 1, 2011 and September 25, 2010
(firmenpresse) - TORONTO, ONTARIO -- (Marketwire) -- 11/11/11 -- Dominion Citrus Income Fund ("Dominion", the "Fund") (TSX: DOM.UN) reports operating profit of $80,000 for the three months ended October 1, 2011. This compares to an operating loss of $605,000 during the same period in 2010, thus marking a positive year-over-year increase of $685,000 in operating profit. The Fund recorded restructuring expenses of $106,000 during the quarter as it completed its move from the 51 Kelfield Street warehousing facility. After accounting for one- time items and interest expenses, the Fund had a net loss from continuing operations of $5,000 or $0.00 per unit compared to a net loss of $487,000 or $0.02 per unit for the same period in 2010. The net earnings from discontinued operations for the same periods were a net loss of $14,000 or $0.00 per unit versus a net loss of $29,000 or $0.01 per unit in 2010.
About Dominion
The Fund is a publicly traded, unincorporated, open-ended limited purpose income trust. On January 1, 2006, all of the common shares of Dominion Citrus Limited ("DCL") were exchanged for trust units of the Fund. The trust units are listed on the TSX under the symbol DOM.UN. The Series A preference shares of DCL are listed on the TSX under the symbol DMN.PR.A.
Dominion is a diversified food company supplying fresh produce to a wide variety of customers in retail, foodservice and food distribution businesses. Dominion provides procurement, processing, repacking, sorting, grading, warehousing and distribution services to its major domestic markets being Ontario and Quebec. Dominion also supplies products to customers in the United States. The Fund's website may be accessed at .
Contacts:
Investors and Media:
Dominion Citrus Ltd.
Jason Fielden
President & CEO
416-242-8341 x250
Themen in dieser Pressemitteilung:
Unternehmensinformation / Kurzprofil:
Datum: 11.11.2011 - 10:50 Uhr
Sprache: Deutsch
News-ID 1056340
Anzahl Zeichen: 0
contact information:
Contact person:
Town:
TORONTO, ONTARIO
Phone:
Kategorie:
Personal Finance
Anmerkungen:
Diese Pressemitteilung wurde bisher 97 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"Dominion Citrus Income Fund Third Quarter 2011 Report to Unitholders
"
steht unter der journalistisch-redaktionellen Verantwortung von
Dominion Citrus Income Fund (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
