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Company News

Canada's Couche Tard posts 13 pct rise in profit

Sept 6 (Reuters) - Convenience store operator Alimentation Couche Tard Inc reported a 13 percent rise in profit on Wednesday, helped by higher motor fuel sales.

The Laval, Quebec-based company said its net income rose to $364.7 million or 64 cents per share in the first quarter ended July 23, from $322.8 million or 56 cents per share, a year earlier.

Revenue climbed 17 percent to $9.85 billion. (Reporting by Ahmed Farhatha in Bengaluru; Editing by Sai Sachin Ravikumar)

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