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Mullen Group reports $36M Q2 profit, up from $25.6M a year ago
['The Canadian Press', 'July', 'Min Read']
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The Mullen Group Ltd. logo is seen in this undated handout photo.
THE CANADIAN PRESS/Handout-Mullen Group (Mandatory Credit) - The Canadian PressOKOTOKS — Trucking and logistics company Mullen Group Ltd. reported a second-quarter profit of $36 million, up from $25.6 million a year ago, as its revenue rose more than 10 per cent.
Revenue totalled $609.3 million for the quarter, up from $540.9 million in the same quarter last year.
On an adjusted basis, Mullen Group says it earned 41 cents per share in its latest quarter, up from 21 cents per share a year earlier.
"We are encouraged by the discussions we have had with customers across our vast network," Mullen said in a statement.