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TWC Enterprises Q3 profit climbs YOY

4981358 said its normalized net income for the third quarter amounted to 63 Canadian cents per share, an increase from 61 cents per share in the prior-year period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was C$17.2 million, an increase from C$16.7 million in the year-earlier period.

The normalized profit margin rose to 17.7% from 16.9% in the year-earlier period.

otal revenue declined on an annual basis to C$97.4 million from C$99.3 million, and total operating expenses decreased year over year to C$65 TWC Enterprises Ltd..