Pason Systems Inc. (PSI.TO: Quote) Friday reported an increase in profit for the second quarter, driven mainly by a 30 percent growth in revenues, partially offset by higher expenses.
The Calgary, Canada-based company's second-quarter net profit was C$8.47 million or C$0.10 per share, compared to C$8.22 million or C$0.09 per share last year.
Total revenues for the quarter surged to C$81.05 million from C$62.42 million in the prior-year quarter.
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by RTT Staff Writer
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