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BRIEF-Canada Post Segment reports $31 mln profit before tax in Q2
August 24, 2017 / 4:47 PM / 4 months ago

BRIEF-Canada Post Segment reports $31 mln profit before tax in Q2

Aug 24 (Reuters) - Canada Post Corporation:

* Canada Post Group of Companies reported profit before tax of $71 million in Q2 versus $9 million in Q2 2016

* Canada Post Segment reports $31 million profit before tax in second quarter, driven by strong growth in parcels.

* In Q2, parcel volumes grew by 10 million pieces or 23.0 percent compared to same period in 2016​

* In Q2, domestic parcels volumes grew by 7 million pieces or 19.6 percent​.

* Quarterly ‍transaction mail volumes decreased by 95 million pieces or 10.9 percent in Q2​. Source text for Eikon: Further company coverage: (Reporting by Jaslein Mahil)

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