Profits rise at Nova Scotia Liquor Corp. as sales of local wine, beer increase

HALIFAX – The Nova Scotia Liquor Corp. says the amount of alcohol it sold in its most recent quarter dropped but its profits are up.

The Crown corporation says sales in the quarter ending Dec. 28 reached $156.1 million, an increase of $440,000 when compared with the same period last year.

Profits from operations rose by $1.1 million to $61.8 million.

However, the volume of alcohol sold declined by 1.9 per cent, with sales of beer and spirits continuing to wane.

Over a longer term, volume has dropped 4.3 per cent since 2010.

But the corporation says sales of Nova Scotia wines and locally brewed craft beers are on the rise, with sales of craft beers growing by 25 per cent last year.