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Algoma Central Corporation

10:25 AM EST - Algoma Central Corporation : Announced its results for the three months ended June 30, 2019. Net earnings and basic earnings per share for the 2019 second quarter were $22.1 million and $0.58 compared to $14.4 million and $0.38, respectively, in 2018. Profit was higher in the quarter as a result of an increase in operating earnings and a foreign currency gain versus a loss reported in 2018.
Algoma Central Corporation shares T.ALC are trading up $0.22 at $13.09.