BC Sugar Announces Earnings.VANCOUVER Vancouver, city, Canada Vancouver, city (1991 pop. 471,844), SW British Columbia, Canada, on Burrard Inlet of the Strait of Georgia, opposite Vancouver Island and just N of the Wash. border. , B.C.--(BUSINESS WIRE)--Dec. 7, 1995--BC SUGAR REFINERY LTD LTD 1 Laron-type dwarfism 2 Leukotriene D 3 Long-term depression, see there 4. Long-term disability . (ToSE v. t. 1. To tease, or comb, as wool. :BCS (1) (The British Computer Society, Swindon, Wiltshire, England, www.bcs.org) The chartered body for information technology professionals in the U.K., founded in 1957. ) BC Sugar today announced net earnings of $.25 per share for the fourth fiscal quarter and $.30 for the year ended Sept. 30, 1995. In 1994, earnings before non-recurring items were $.10 per share in the fourth quarter and $.38 for the full fiscal year. Net earnings totalled $7.5 million for the year ended Sept. 30, 1995, compared to $26.5 million in 1994. Net earnings for 1994 included a $17 million gain from non-recurring items, while there were no non-recurring items in 1995. The improvement in BC Sugar's fourth-quarter results is largely attributable attributable emanating from or pertaining to attribute. attributable proportion see attributable risk (below). attributable risk to recent Canadian Canadian (kənā`dēən), river, 906 mi (1,458 km) long, rising in NE New Mexico. and flowing E across N Texas and central Oklahoma into the Arkansas River in E Oklahoma. trade rulings which imposed duties on dumped dump v. dumped, dump·ing, dumps v.tr. 1. To release or throw down in a large mass. 2. a. and subsidized sub·si·dize tr.v. sub·si·dized, sub·si·diz·ing, sub·si·diz·es 1. To assist or support with a subsidy. 2. To secure the assistance of by granting a subsidy. sugar imports into Canada Canada (kăn`ədə), independent nation (2001 pop. 30,007,094), 3,851,787 sq mi (9,976,128 sq km), N North America. Canada occupies all of North America N of the United States (and E of Alaska) except for Greenland and the French islands of . -0- FINANCIAL RESULTS (In Thousands of Dollars) Year Ended September 30 ------------------------------------------------------------
1995 1994
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Revenues $825,380 $790,331
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Costs and expenses
Cost of sales 726,394 684,843
Selling, general and
administrative 44,958 44,426
Depreciation and amortization 16,091 16,120
Long-term debt interest 16,362 21,178
Other interest 652 869
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Total costs and expenses 804,457 767,436
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20,923 22,895
Non-recurring items - 17,025
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Earnings before income taxes 20,923 39,920
Income taxes 13,435 13,384
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Net earnings $ 7,488 $ 26,536
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Per common share
Earnings before non-recurring items
net of related income taxes $ .30 $ .38
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Net earnings $ .30 $ 1.07
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Average common shares
outstanding (000's) 24,722 24,722
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3 months ended September 30
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1995 1994
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Revenues $211,354 $217,412
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Earnings before non-recurring items
and income taxes $ 11,682 $ 5,903
Non-recurring items - 3,860
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Earnings before income taxes 11,682 9,763
Income taxes 5,455 3,376
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Net earnings $ 6,227 $ 6,387
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Per common share
Earnings before non-recurring items
net of related income taxes $ .25 $ .10
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Net earnings $ .25 $ .26
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Note: Certain comparative figures have been reclassified to conform with the financial statement presentation adopted in the current year. CONTACT: William C. Brown William C. Brown (May 22, 1916 - February 3, 1999) was an American electrical engineer who helped to invent the crossed-field amplifier in the 1950s and also pioneered microwave power transmission in the 1960s. President and Chief Executive Officer 604/253-1131 or James James, person in the Bible James, in the Gospel of St. Luke, kinsman of St. Jude. The original does not specify the relationship. James, rivers, United States James. W. Hudson Hudson, towns, United States Hudson. 1 Industrial town (1990 pop. 17,233), Middlesex co., E central Mass., on the Assabet River, in an apple-growing region; settled c.1699, inc. 1866. Vice President, Finance and Chief Financial Officer 604/253-1131 |
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