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Gardiner Dam Terminal Reports 2017 Profit

By Neil Billinger Mar 29, 2018 | 9:10 AM

Gardiner Dam Terminal (GDT) has posted a net profit of $1,422,442 or $58.82 per share.

Grain handling earnings were higher based on increased shipments and improved weighed grain audit results.

This was partially offset by reduced revenues and earnings from lower crop input sales.

The GDT Board of Directors also approved a dividend of $25 per Class A and Class B Common share. A total of $593,175 will be returned to shareholders.

Gardiner Dam Terminal is a producer-owned company that jointly owns and operates an inland grain terminal near Strongfield, about an hour south of Saskatoon. It also independently owns and operates crop input supply businesses near Broderick, Strongfield and Tullis.