RY 174.39 2.4016% SHOP 149.115 2.5974% TD-PFM 24.63 -0.0811% TD-PFL 24.7 0.2028% TD 78.325 0.1214% ENB 60.6 1.3039% BN 80.4 1.9787% TRI 226.27 0.7525% CNQ 48.285 2.2771% CP 104.53 1.6038% CNR 151.74 1.5459% BMO 132.69 0.9203% BNS 78.845 0.1715% CSU 4600.2002 2.157% CM 91.15 0.474% MFC 45.79 1.6878% ATD 78.38 1.5285% NGT 60.14 0.0499% TRP 70.15 1.977% SU 57.44 0.5954%

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George Weston (TSX: WN) posts 25% growth in operating income in Q2FY23

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Highlights

Canadian public company George Weston Ltd (TSX: WN) functions through two segments - Loblaw Companies Limited and Choice Properties Real Estate Investment Trust, with a workforce of more than 200,000 professionals.

The company reported a consolidated revenue of CAD 13,738 million in the second quarter of the year 2023,  an increase of 6.9% from CAD 12,979 million revenue reported in the previous corresponding period. Consequently, WN posted a growth of 25% in its operating income to CAD 1,099 million in Q2 2023, as compared to CAD 649 million in Q2 2022.

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