Mullen Group Q3 Profit Rises to C$51.5 Million as Revenue Climbs 16.3%

Mullen Group Ltd. (MTL.TO) reported higher third-quarter earnings, with net profit rising to C$51.50 million, or C$0.52 per share, from C$33.21 million, or C$0.36 per share, a year earlier. Revenue for the period increased 16.3% to C$653.17 million from C$561.72 million last year, the Canadian trucking and logistics company said. The results reflect year-over-year growth in both the top and bottom lines on a GAAP basis.