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-HNZ Group reports 2016 Fourth Quarter Financial Results

Mar 20, 2017 - ENP Newswire

MONTREAL - HNZ Group Inc. (TSX: HNZ) (the 'Corporation'), an international provider of helicopter transportation and related support services, today announced its financial and operating results for the fourth quarter and fiscal year ended December 31, 2016.

Revenue increased by $ 2.1 million to $ 50.9 million in the fourth quarter of 2016, compared to $ 48.8 million a year ago, mainly as a result of increased revenue from the ancillary business segment. The Corporation flew 8,304 hours co...