Quebecor Q3 Profit Down 29%

Quebecor

reported a 29% drop in its third-quarter profit. Net income attributable to shareholders declined to C$18.6 million, or 30 Canadian cents a share, versus C$26.1 million, or 40 Canadian cents a share, in the year-ago period. Its revenue climbed 4% to C$1.06 billion. Quebecor shares closed at $35.35 yesterday.