8:04 pm - Monday, January 21 2019
Home / News / Second Quarter Results
IMG_20181009_123032_wm

Second Quarter Results

The Nova Scotia Liquor Corporation (NSLC) released its second quarter results today, Oct. 30, for July 2 to Sept. 30.

The growth in local product categories continues to be strong. Nova Scotia spirit sales led this growth with a 34.7 per cent increase in sales to $2.2 million. Nova Scotia craft beer sales were up 32.3 per cent to $5.2 million while Nova Scotia wine sales, using locally grown grapes, grew by 6.7 per cent to $3.8 million. Ready-to-drink products, which are mostly ciders, increased by 26.6 per cent, to $1.8 million.

Compared to the same period last year, net income was $70 million, down $800,000, while total sales were up by $5.4 million to $182.2 million. The total volume of alcohol sold was up 2.9 per cent and the average dollar value of each transaction decreased by 3.4 per cent.

A detailed new release can be found on the NSLC website at https://www.mynslc.com/en/About-NSLC/Media-Centre/News-Releases/NSLC-Announces-Second-Quarter-Results .

Source: Release

About Haligonia Editors

See news happening near you? Tell us. Click here to email our team.

 

The views and opinions expressed in this content are those of the author and do not necessarily reflect those of haligonia.ca.

You might also like...

FB_IMG_1519511535212

Knife wielding man tased, arrested after threatening abother tenant & security guard: Halifax

Shortly after 7:30 last evening officers were dispatched to an apartment building in the 5500 block...

Leave a Reply

Your email address will not be published. Required fields are marked *