Finning profit drops in the first quarter

Newswire

VANCOUVER, British Columbia, April 28 (Reuters) - Construction and mining equipment dealer Finning International Inc reported a lower first quarter profit on Wednesday, citing an earnings drop from its British operations. Vancouver-headquartered Finning said it had a net profit of C$23.9 million, or 31 Canadian cents a basic share, 30 cents diluted, in the quarter ended March 31. That compared with C$35.1 million, or 45 cents a basic share, in the same period a year ago.

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