N.S. Liquor Corp. records increased profits over first quarter of year

The Canadian Press ~ The News
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HALIFAX - Nova Scotia Liquor Corp. profits were up in the first quarter of the year despite a drop in sales to bars and restaurants.
The April to June numbers, released Monday, showed a $52.7-million profit, up 1.6 per cent over the same period last year.
Sales at liquor corporation outlets were up 5.2 per cent.
But sales to bars and restaurants were down 8.5 per cent for the quarter, part of an overall 3.5 per cent drop in wholesale business.
Sales to private wine and specialty stores also decreased by 0.9 per cent, but the decreases were partially offset by a 5.5 per cent increase in sales to agency stores.

Organizations: N.S. Liquor, Nova Scotia Liquor

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Recent comments

  • Jonathan
    January 18, 2010 - 11:20

    Thank God!!!!!!!!!!!!!!!!!!!!!!!!!!
    I was really, really, really, really, really concerned that they might no make any money this year. We wouldn't want them to have to raise prices or something
    drastic like that...