George C. Freeman, III, Chairman, President, and Chief Executive Officer of Universal Corporation UVV, reported that net income for the third fiscal quarter, which ended December 31, 2010, was $52.3 million, or $1.82 per diluted share, 14% above last year's net income of $45.7 million, or $1.54 per diluted share.
Revenues for the quarter also increased about 4% to $688.2 million reflecting a higher proportion of lamina sales and higher green leaf prices.
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