March 6, 2013 / 11:40 AM / 5 years ago

Torstar posts lower profit, cuts 67 jobs

March 6 (Reuters) - Torstar Corp, publisher of the Toronto Star, Canada’s largest daily, reported a 63 percent fall in fourth-quarter profit and said it had cut 67 jobs.

Net income attributable to equity shareholders fell to C$24.1 million, or 30 Canadian cents per share, from C$64.3 million, or 81 Canadian cents per share, a year earlier.

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