Mercer International posts first-quarter profit of $8.8 million

VANCOUVER – VANCOUVER, British Columbia (AP) _ Mercer International Inc. (MERC) on Thursday reported first-quarter net income of $8.8 million.

On a per-share basis, the Vancouver, British Columbia-based company said it had profit of 14 cents.

The pulp company posted revenue of $253.8 million in the period.

Mercer International shares have climbed nearly 6 per cent since the beginning of the year. In the final minutes of trading on Thursday, shares hit $9.56, a fall of 34 per cent in the last 12 months.


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Keywords: Mercer International, Earnings Report