* Q3 shr C$0.47 beat est. by 5 Canadian cents
* Q3 rev C$435.2 mln lags est. C$438.3 mln * Sees fall in demand hurting future results Nov 10 (Reuters) - Ensign Energy Services Inc ESI.TO reported a better-than-expected quarterly profit, helped by its oilfield services division, but warned that reduced demand will hurt future results.
Canada’s No. 2 oilfield-services firm reported third-quarter net income of C$72.1 million, up from C$49.7 million a year earlier.
Revenue rose 14 percent to C$435.2 million.
Improved operating cash flows at the company’s customers bolstered demand for oilfield services, the company said in a statement.
Calgary-based Ensign’s shares closed at C$14.49 Friday on the Toronto Stock Exchange.
For the press release, please double-click [ID:nCNW6m221a] . For the alerts, double-click [ID:nWNAB0725] .
$1=1.177 Canadian Dollar Reporting by Shradhha Sharma in Bangalore; Editing by Pratish Narayanan