July 28, 2017 / 12:09 PM / 2 months ago

Imperial Oil posts smaller quarterly loss

July 28 (Reuters) - Canada’s Imperial Oil Ltd reported a smaller quarterly loss compared to a year earlier when it took charges related to the Alberta wildfires.

The company posted a net loss of C$77 million ($61.42 million), or 9 Canadian cents per share, in the second quarter ended June 30, compared with a loss of C$181 million, or 21 Canadian cents, a year earlier.

Imperial Oil, which is majority owned by Exxon Mobil Corp , said revenue rose 12.6 percent to C$7.03 billion.

$1 = 1.2536 Canadian dollars Reporting by Anirban Paul in Bengaluru; Editing by Arun Koyyur

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