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· Rothmans B&H

Cigarette firm profit up 15% 

Jump to full article: Canadian Press, 2007-07-25
Author: Canadian Press

Intro:

Cigarette company Rothmans Inc. has reported a 15 per cent rise in spring-quarter profit to a record $33.8 million, stoked by price increases.

Net income amounted to 50 cents per share in the company's first quarter ended June 30, compared with $29.3 million, or 43 cents per share, a year earlier, the Toronto-based company said yesterday.

Sales at 60 per cent-owned operating company Rothmans Benson & Hedges Inc., net of excise duty and taxes, increased to $177.4 million from $162.9 million.

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