Business
Empire Company reports strong first quarter operating earnings of $53.3 million
Empire Company reports strong first quarter operating earnings of $53.3 million.

About this update from Wajax Corporation
[{"type":"text","content":"\n\n\n\n\nHALIFAX, Sept. 13 /CNW/ - Empire Company Limited (TSX: EMP.A) today\nannounced earnings before capital gain and other items for its first quarter\nended August 5, 2006 of $53.3 million ($0.81 per share) compared to\n$49.6 million ($0.75 per share) in the first quarter last year.\nThe Company did not realize any capital gain and other items in the first\nquarter as compared to capital gain and other items, net of tax, realized on\nthe sale of investments of $24.2 million in the first quarter last year. Net\nearnings amounted to $53.3 million versus $73.8 million in the first quarter\nlast year.\n\n>\n\n\n","length":57529,"tagName":"div"}]