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Oil and gas sector fuels profit jump: Wajax CEO

Wajax Corp., the industrial and power system distributor, reported net income in the first quarter of $12.8 million, or 76 cents a share, compared with $8.9 million, or 53 cents a share, a year ago.

President and CEO Neil Manning tells BNN that strong activity in the oil and gas sector helped fuel the company’s profits. CTV Two CTV News CTV News Channel BNN - Business News Network CP24