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Cargojet Reports C$286.5 Million in Third-Quarter Revenue
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Cargojet Reports C$286.5 Million in Third-Quarter Revenue

Cargojet recorded C$286.5 million in revenue for the third quarter, a reported 30.3% increase year on year.

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Cargojet reported C$286.5 million in third-quarter revenue, up 30.3% from the same period a year earlier. The reported figures also show higher earnings before interest and tax and net earnings.

Key details

  • Third-quarter earnings before interest and tax (EBIT) were reported at C$24.8 million, up 155.7% year on year.
  • Net earnings were reported at $19.1 million, up 117% year on year; the currency was not specified.
  • Cargojet's all-in charter division led the reported revenue improvements.

Cargojet's reported third-quarter revenue rose 30.3% year on year to C$286.5 million.

Why it matters

Cargojet's reported increases span revenue, EBIT and net earnings, while the company identified its all-in charter division as the leading contributor to revenue improvements.

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