trending Market Intelligence /marketintelligence/en/news-insights/trending/Vj1U19IQYDUKOaebEtcPbw2 content esgSubNav
In This List

Corby Spirit & Wine fiscal Q1 profit climbs 29.2% YOY

Podcast

Street Talk | Episode 94: Recessionary fears in '22 overblown, Fed could overtighten

Blog

Optimism abounds in Indian online video industry

Blog

2022 broadband forecast shifts to market share battle with intense competition

Blog

Expand Your Perspective: Innovation


Corby Spirit & Wine fiscal Q1 profit climbs 29.2% YOY

Corby Spirit & Wine Ltd. said its normalized net income for the fiscal first quarter ended Sept. 30 was 19 Canadian cents per share, an increase of 29.2% from 15 cents per share in the year-earlier period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was C$5.4 million, a gain of 29.2% from C$4.2 million in the prior-year period.

The normalized profit margin climbed to 14.9% from 12.1% in the year-earlier period.

Total revenue climbed year over year to C$36.5 million from C$34.8 million, and total operating expenses decreased on an annual basis to C$28.1 million from C$28.5 million.

Reported net income increased 29.4% year over year to C$6.3 million, or 22 cents per share, from C$4.8 million, or 17 cents per share.