Melcor Developments Q2 Profit Rises

(RTTNews) - Melcor Developments (MRD.TO) released earnings for its second quarter that Increased, from the same period last year

The company's bottom line came in at C$21.94 million, or C$0.73 per share. This compares with C$7.26 million, or C$0.24 per share, last year.

The company's revenue for the period fell 38.1% to C$61.99 million from C$100.14 million last year.

Melcor Developments earnings at a glance (GAAP) :

-Earnings: C$21.94 Mln. vs. C$7.26 Mln. last year. -EPS: C$0.73 vs. C$0.24 last year. -Revenue: C$61.99 Mln vs. C$100.14 Mln last year.