July 24, 2018 / 8:11 PM / 5 months ago

CN Rail quarterly profit jumps 27 pct

July 24 (Reuters) - Canadian National Railway reported a 27 percent jump in quarterly profit on Tuesday as the railroad moved higher volumes of commodities including grains and fertilizers.

The company, which named Jean-Jacques Ruest chief executive officer earlier on Tuesday, said net income rose to C$1.31 billion ($995.82 million), or C$1.77 per share, in the second quarter ended June 30 from C$1.03 billion, or C$1.36 per share, a year earlier.

The Montreal-based company said revenue rose to C$3.63 billion from C$3.33 billion. ($1 = 1.3155 Canadian dollars) (Reporting by Anirban Paul in Bengaluru; Editing by Anil D’Silva)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below