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Canadian Oil Sands posts quarterly loss

Published 2015-07-30, 05:19 p/m
© Reuters.  Canadian Oil Sands posts quarterly loss
CL
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COS
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July 30 (Reuters) - Canadian Oil Sands Ltd COS.TO reported
a quarterly loss on Thursday, hurt by fall in crude oil prices
and deferred tax expenses due to an increase in Alberta's
corporate tax rate.
The Calgary-based company reported a loss of C$128 million
($98.5 million), or 26 Canadian cents per share, in the quarter
ended June 30. ID:nMKW13nnMa
The company posted a profit of C$176 million, or 36 Canadian
cents per share, a year earlier.
($1 = C$1.30)

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