Corus Entertainment Q2 Profit Up 16%

Corus Entertainment Inc CJREF reported a 16% surge in its second-quarter profit. Corus Entertainment's net income attributable to shareholders from continuing operations rose to C$31.6 million, or 38 Canadian cents per share, versus C$27.3 million, or 33 Canadian cents per share, in the year-earlier period. Its consolidated revenue climbed 8% to C$205.7 million. Corus Entertainment shares closed at $24.54 yesterday.