Dominion Citrus Income Fund
TSX : DOM.UN

Dominion Citrus Income Fund

August 07, 2014 09:26 ET

Dominion Citrus Income Fund Second Quarter 2014 Report to Unitholders

Three months ended June 28, 2014 and June 29, 2013

TORONTO, ONTARIO--(Marketwired - Aug. 7, 2014) - Dominion Citrus Income Fund ("Dominion", the "Fund") (TSX:DOM.UN) reports net earnings from continuing operations of $582,000 rounding to $0.03 per unit for the three months ended June 28, 2014 versus a net loss of $219,000 rounding to ($0.01) per unit for three months ended June 29, 2013. Net earnings from continuing operations were $1,047,000 rounding to $0.05 per unit for the six months ended June 28, 2014 versus a net loss of $94,000 rounding to ($0.00) per unit for six months ended June 29, 2013.

The results for the three and six month periods ended June 28, 2014 and June 29, 2013 are summarized below (all figures in 000's except per unit results):

Three months ended: Six months ended:
6/28/14 6/29/13 6/28/14 6/29/13
Revenue $20,026 $18,399 $40,442 $38,850
Net earnings (loss) from continued operations $582 $(219 ) $1,047 ($94 )
Per unit $0.03 $(0.01 ) $0.05 ($0.00 )
Net earnings (loss) $582 ($219 ) $1,047 ($94 )
Per unit $0.03 ($0.01 ) $0.05 ($0.00 )
Units outstanding (000's) 21,186 21,186 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 Québec. Dominion also supplies products to customers in the United States. The Fund's website may be accessed at www.dominioncitrus.com.

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