Cameco reports net earnings in third quarter rose to C$142 million

摘要

Cameco’s net earnings rose to C$142 million (about US$106 million) inrnthe third quarter of 2016, from a net loss of C$4 million during the samernperiod last year, due principally to a 35% increase in sales, therncompany said in a November 2 statement.rnThe sales increase was attributed to the timing of utility customerrndelivery requirements, while the earnings were boosted by gains fromrnthe termination of two long-term contracts, company executives saidrnduring an analyst and media briefing November 2 on the third-quarterrnresults. The contract cancellations resulted in Cameco booking anrnaggregate $C59 million in the third quarter as revenues.