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.
44th annual Gingerbread House is open at the Valley Mall in Corner Brook
"Becket" hub for youth coming to Vine Place Community Centre next year, first one of nine to be outside St. John's
Government Services Minister Mike Goosney to speak at event tomorrow honoring traffic victims
75 years later and Municipalities NL is back meeting where their first conference was...in Corner Brook
Corner Brook Kinsmen Santa Claus Parade will be December 6th
