SYS-CON MEDIA Authors: Kevin Benedict, Jason Bloomberg, David H Deans, RealWire News Distribution, Gilad Parann-Nissany

News Feed Item

Dominion Citrus Income Fund: Fiscal 2013 Report to Unitholders

Fiscal year ended December 31, 2013 and December 31, 2012

TORONTO, ONTARIO -- (Marketwired) -- 03/28/14 -- Dominion Citrus Income Fund (TSX: DOM.UN) ("Dominion", the "Fund") reports net earnings from continuing operations of $222,000 or $0.01 per unit for the year ended December 31, 2013 versus net earnings of $868,000 or $0.04 per unit for the previous year. Net earnings from discontinued operations was $8,000 rounding to $0.00 per unit for the year ended December 31, 2013 versus a net loss of $94,000 and $0.00 per unit for the year ended December 31, 2012.

The results for years ended December 31, 2013 and December 31, 2012 are summarized below (all figures in 000's except per unit results):


                                                          Years ended:
                                                        12/31/13   12/31/12
----------------------------------------------------------------------------
Revenue                                               $   75,035  $  71,124
Net earnings (loss) from continued operations         $      222  $     868
  Per unit                                            $     0.01  $    0.04
Net earnings (loss) from discontinued operations      $        8  $     (94)
  Per unit                                            $     0.00  $   (0.00)
Net earnings (loss)                                   $      230  $     774
  Per unit                                            $     0.01  $    0.04
Units outstanding (000's)                                 21,186     21,186

About Dominion

Dominion is a diversified food company supplying fresh produce to a wide variety of customers in retail, foodservice and food distribution businesses. Dominion provides procurement, processing, repacking, sorting, grading, warehousing and distribution services to its major domestic markets being Ontario and Quebec. Dominion also supplies products to customers in the United States. The Fund's website may be accessed at www.dominioncitrus.com.

Contacts:
Dominion Citrus Ltd.
Winston Ash
President & CEO
416-242-8341 x 250
www.dominioncitrus.com

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.