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Profits up in third-quarter for NSLC

While many businesses across the province have been forced to shut their doors amid the coronavirus outbreak, Nova Scotia Liquor Corporation locations remain open.
While many businesses across the province have been forced to shut their doors amid the coronavirus outbreak, Nova Scotia Liquor Corporation locations remain open. Andrew Vaughan/The Canadian Press

The Nova Scotia Liquor Corporation has recorded a slightly higher profit in its third-quarter results.

For the quarter ended December 28th, the provincial Crown corporation says it earned 62-million dollars in net income.

That’s 0.4 per cent higher than the same quarter last year, and total sales were 155-million dollars, down 1.1 million dollars.

Meanwhile, sales of Nova Scotia products continue to increase with local wine, cider and craft beer sales up by double-digit percentages.

(The Canadian Press)

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