Gamehost profits unchanged

Gamehost Inc. (TSX:GH) has reported 2013 profits of $21.5 million, unchanged from the previous year. The company, which is based in Red Deer County and owns casinos and other properties in Fort McMurray, Grande Prairie and Calgary, had operating revenues of $77.6 million for the 12 months ended Dec. 31, up from $76.6 million for the same period a year earlier. Earnings per share for the year were 87 cents, down from 92 cents.

Gamehost Inc. (TSX:GH) has reported 2013 profits of $21.5 million, unchanged from the previous year.

The company, which is based in Red Deer County and owns casinos and other properties in Fort McMurray, Grande Prairie and Calgary, had operating revenues of $77.6 million for the 12 months ended Dec. 31, up from $76.6 million for the same period a year earlier. Earnings per share for the year were 87 cents, down from 92 cents.

For the final quarter of 2013, Gamehost generated revenues of $19.8 million, the same as the last three months of 2012; and profits of $5.4 million, as compared with $5.9 million a year earlier. Its per-share earnings for the quarter were 22 cents, down from 24 cents.

A release issued by Gamehost pointed to cold temperatures and heavy snowfall as factors that hurt its performance at the close of 2013.

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