Dominion Citrus Income Fund
TSX : DOM.UN

Dominion Citrus Income Fund

May 05, 2016 09:10 ET

Dominion Citrus Income Fund First Quarter 2016 Report to Unitholders

Fiscal Quarters Ended March 26, 2016 and March 28, 2015

TORONTO, ONTARIO--(Marketwired - May 5, 2016) - Dominion Citrus Income Fund (the "Fund") (TSX:DOM.UN) reports net earnings from continuing operations of $374,000 or $0.02 per unit for the quarter ended March 26, 2016 versus a profit from continuing operations of $331,000 or $0.02 per unit for the quarter ended March 28, 2015.

The results for quarters ended March 26, 2016 and March 28, 2015 are summarized below (all figures in 000's except per unit results):

Quarters ended:
3/26/16 3/28/15
Revenue $ 18,356 $ 16,356
Net earnings from continued operations $ 374 $ 331
Per unit $ 0.02 $ 0.02
Net earnings $ 374 $ 331
Per unit $ 0.02 $ 0.02
Units outstanding (000's) 21,186 21,186

About Dominion Citrus Income Fund

The Fund is a publicly traded, unincorporated, open-ended limited purpose income trust. On January 1, 2006, all of the common shares of Dominion Citrus Limited ("DCL") were exchanged for trust units of the Fund. The trust units are listed on the TSX under the symbol DOM.UN.

About Dominion Citrus Limited

DCL is a diversified food company supplying fresh produce to a wide variety of customers in retail, foodservice and food distribution businesses. DCL provides procurement, processing, repacking, sorting, grading, warehousing and distribution services to its major domestic markets being Ontario and Québec. DCL also supplies products to customers in the United States.

The Fund's website may be accessed at www.dominioncitrus.com.

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