Posted AT 1:08 PM EST on 12/11/09
Power Corp. profit falls 25 per cent
Toronto — Power Corp. of Canada posted a 25 per cent drop in third-quarter profit on Thursday as key operating subsidiaries contributed less and income and investments dropped.The Montreal-based holding company said net income was $250-million, or 52 cents a share, in the three months ended Sept. 30. That was down from $332-million, or 70 cents a share, a year earlier.Power Corp.
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