PFB Corp. (PFB.TO: Quote) Friday reported an increase in profit for the second quarter, due mainly to higher revenues. The Calgary, Alberta-based company's second-quarter net income was C$750 thousand or C$0.12 per share, compared to C$581 thousand or C$0.09 per share last year.
Total revenues for the quarter grew 16 percent to C$24.70 million from C$21.30 million in the prior-year quarter.
Further, the Board of Directors has approved the payment of a regular quarterly dividend of $0.06 per common share. The dividend will be paid on August 31, 2012, to shareholders of record on August 15, 2012.
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by RTT Staff Writer
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