Clean Harbors profit falls as Canada floods hit work
(Reuters) - Environmental clean-up company Clean Harbors Inc (CLH.N) reported a lower quarterly profit and reduced its revenue forecast for the full year due to flooding in western Canada.
Net income fell to $22.9 million, or 38 cents per share, in the second quarter from $23.4 million, or 44 cents per share, a year earlier.
Revenue rose 64 percent to $860.5 million due to the $1.25 billion purchase of Safety-Kleen Inc in October. Safety-Kleen re-refines and recycles used oil.
(Reporting By Garima Goel in Bangalore)
- Co-pilot spoke last words heard from missing Malaysian plane |
- EU imposes sanctions after Crimea moves to join Russia |
- Crimeans vote over 90 percent to quit Ukraine for Russia |
- China rejects North Korean crimes report, hits chance of prosecution
- UPDATE 1-Rolls-Royce concurs with Malaysia on missing jet's engine data