Universal Energy Group Ltd. (UEG.TO) reported third-quarter net income of C$10.85 million or C$0.29 per share, compared to net loss of C$24.1 million or C$0.66 per share last year.
Quarterly revenues grew to C$91.48 million from C$52.39 million in the comparable period a year ago.
Operational revenue was C$104.02 million, higher than C$59.6 million in the prior-year quarter.
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