Corus Entertainment profit falls 16 pct

Thu Oct 25, 2012 8:43am EDT
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Oct 25 (Reuters) - Canadian media company Corus Entertainment Inc reported a 16 percent fall in fourth-quarter profit on a one-time tax-related charge.

Net income attributable to shareholders fell to C$23.3 million ($23.50 million), or 28 Canadian cents per share, from C$27.7 million, or 33 Canadian cents per share, a year earlier.

Consolidated revenue fell by 2 percent to C$195.6 million.