Home Page News Briefs People Media Telecom Archives About Us
Advertising Subscribe Reuse & Permissions
The Hill Times Parliament Now The Lobby Monitor HTCareers Classifieds

CCR Short Takes

News | 03/30/2000 5:00 am EST

Shaw releases second-quarter results
Shaw Communications Inc says its second-quarter profit more than doubled to $71.7 million as a result of asset sales. On March 27, the company reported net earnings were 33 cents a share, compared with $30.7 million or 14 cents a share a year earlier. For the first six months of fiscal 2000, profit rose to $111.6 million from $22 million. Net income in the quarter ending Feb.29 included after-tax gains of about $68.5 million from the sale of its FiberLink unit to GT Group Telecom Inc.

To keep reading, get a free trial.

Already a Subscriber?

Reuse & Permissions

Unauthorized distribution, transmission, reuse or republication of any and all content is strictly prohibited. To discuss re-use of this material, please contact:

Customer Care, 613-688-8821 | subscriptions@hilltimes.com