Dominion Citrus Income Fund
TSX : DOM.UN

Dominion Citrus Income Fund

November 08, 2013 08:55 ET

Dominion Citrus Income Fund (TSX:DOM.UN) Third Quarter 2013 Report to Unitholders

Three months ended September 28, 2013 and September 29, 2012

TORONTO, ONTARIO--(Marketwired - Nov. 8, 2013) - Dominion Citrus Income Fund ("Dominion", the "Fund") reports net earnings from continuing operations of $137,000 rounding to $0.01 per unit for the three months and $43,000 rounding to $0.00 per unit for the nine months ended September 28, 2013. Net loss from discontinued operations was Nil for the three months and Nil for the nine months ended September 28, 2013.

The results for the three and nine month periods ended September 28, 2013 and September 29, 2012 are summarized below (all figures in 000's except per unit results):

Three months ended: Nine months ended:
9/28/13 9/29/12 9/28/13 9/29/12
Revenue $ 17,013 $ 16,430 $ 55,863 $ 52,802
Net earnings (loss) from continued operations $ 137 $ 370 $ 43 $ 613
Per unit $ 0.01 $ 0.02 $ 0.00 $ 0.03
Net earnings (loss) from discontinued operations $ 0 $ (60 ) $ 0 $ (121 )
Per unit $ 0.00 $ (0.00 ) $ 0.00 $ (0.00 )
Net earnings (loss) $ 137 $ 310 $ 43 $ 492
Per unit $ 0.01 $ 0.02 $ 0.00 $ 0.03
Units outstanding (000's) 21,186 21,186 21,186 21,186

About Dominion

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. The Series A preference shares of DCL are listed on the TSX under the symbol DMN.PR.A.

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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