Husky Energy profit falls as crude prices slip
May 7 (Reuters) - Husky Energy Inc, Canada's No.3 integrated oil company, reported a 9 percent drop in first-quarter profit due to lower crude prices.
Husky, controlled by Hong Kong billionaire Li Ka-Shing, said its net income fell to C$535 million ($530 million), or 54 Canadian cents per share, from C$591 million, or 60 Canadian cents per share, a year earlier.
On an adjusted basis, it earned 56 Canadian cents per share.
© Thomson Reuters 2017 All rights reserved.