The Crown corporation is reporting net earnings of $47.6 million dollars, which is an increase of 0.2 million over last year’s first quarter results.
It’s been a bountiful first quarter for the Newfoundland Labrador Liquor Corporation as they released first quarter results ending July 1st. The Crown corporation is reporting net earnings of $47.6 million dollars, which is an increase of 0.2 million over last year’s first quarter results. However, the dividend paid to government totalled $48 million for the first quarter, and is actually $5 million lower than the previous first quarter. NLC says the reason why the dividend is lower is due to the timing of payments. Meanwhile, beverage sales were down by 1.6 percent to $71 million. Total cannabis sales rang in at $19.4 million, a 7 percent increase over last first quarter results. During the quarter, the Stephenville office as well as 4 locations on the east coast were renovated.
RCMP looking for a 61-year-old man last seen in the Bonne Bay area yesterday afternoon
Heavy police presence on Wheeler's Road area of Corner Brook has ended without incident
Military munition found in Bay St. George prompts closure of Stephenville RCMP office
Average wait time for a building or renovation permit in Corner Brook is four days
MS Walk takes place in Corner Brook this Sunday with a goal of raising $26K
