Finance Notes – NWT profit similar to ’07

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Published: June 26, 2008

North West Terminal at Unity, Sask., has posted a six-month profit of $695,528 or 21 cents per share, down slightly from last year.

In the same period in 2007, the firm made $708,802 or 22 cents per share.

Grain shipments were similar to last year, generating revenue of $45.6 million compared to $28.3 million last year. Earnings before interest, taxes, depreciation and amortization were $1.38 million, compared to $1.58 million last year.

The company is planning to build a 25 million litre, $42 million ethanol plant.

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