Dominion Citrus Income Fund (TSX:DOM.UN) First Quarter 2013 Report to Unitholders
Fiscal quarters ended March 30, 2013 and March 31, 2012
TORONTO, ONTARIO--(Marketwired - May 10, 2013) - Dominion Citrus Income Fund ("Dominion", the "Fund") (TSX:DOM.UN) reports net earnings from continuing operations of $125,000 or $0.00 per unit for the quarter ended March 30, 2013 versus a profit from continuing operations of $39,000 for the quarter ended March 31, 2012. Net loss from discontinued operations was Nil for the quarter ended March 30, 2013 versus a loss of $32,000 or $0.00 per unit for the quarter ended March 31, 2012.
The results for quarters ended March 30, 2013 and March 31, 2012 are summarized below (all figures in 000's except per unit results):
|
Quarters ended:
|
|
3/30/13
|
|
3/31/12
|
| Revenue |
$ |
20,451 |
|
$ |
17,670 |
| Net earnings (loss) from continued |
$ |
125 |
|
$ |
39 |
| operations |
|
|
|
|
|
|
Per unit |
$ |
0.00 |
|
$ |
0.00 |
| Net earnings (loss) from discontinued |
|
Nil |
|
$ |
(32) |
| operations |
|
|
|
|
|
|
Per unit |
|
Nil |
|
$ |
(0.00) |
| Net earnings (loss) |
$ |
125 |
|
$ |
7 |
|
Per unit |
$ |
0.00 |
|
$ |
0.00 |
| Units outstanding (000's) |
|
21,186 |
|
|
21,186 |
About Dominion
Dominion is a diversified food company supplying fresh produce to a wide variety of customers in retail, foodservice and food distribution businesses. Dominion provides procurement, processing, repacking, sorting, grading, warehousing and distribution services to its major domestic markets being Ontario and Québec. Dominion also supplies products to customers in the United States. The Fund's website may be accessed at www.dominioncitrus.com.
Contact Information:
Dominion Citrus Ltd.
Jason Fielden
President & CEO
416-242-8341 x 250
www.dominioncitrus.com
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