- High Liner Foods Inc. beat expectations as it capped what the Nova Scotia company called a transformative year. Reporting in U.S. dollars, High Liner’s revenue fell to US$221.6 million compared with US$242.9 million a year earlier. For the year ended Dec. 28, High Liner reported its net income fell to US$10.3 million or 30 cents per diluted share on US$942.2 million in revenue. That compared with net income of US$16.8 million or 50 cents per diluted share on nearly US$1.05 billion in revenue in 2018. However, High Liner reported its adjusted profit rose to US$29.1 million or 85 cents per share compared with US$17 million or 51 cents per share in 2018.

Source: thestar February 26, 2020 18:56 UTC