July 30, 2009 / 2:55 PM / 9 years ago

UPDATE 1-Mullen Group's Q2 profit down 11 pct

* Q2 EPS C$0.22 vs est C$0.00/shr * Revenue down by 19 pct

July 30 (Reuters) - Canada’s Mullen Group Ltd’s (MTL.TO), second-quarter profit fell about 11 percent, hurt by lower revenue from its trucking and logistics and oilfield services segments.

The company, which is a provider of transportation and related services to the oil and gas industry, posted a net income of C$17.8 million, or 22 Canadian cents a share, compared with C$19.9 million, or 25 Canadian cents a share, a year ago.

Revenue fell about 19 percent to C$202.7 million.

Analysts on average were expecting earnings to be breakeven on revenue of C$218.06, according to Reuters Estimates.

Shares of the Okotoks, Alberta-based company were trading up 23 Canadian cents at C$11.90 Thursday morning on the Toronto Stock Exchange. (Reporting by Sakshi A Mattoo in Bangalore; Editing by Maju Samuel)

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