MONTREAL, June 6th, 2024 /CNW/ – For its 2023-2024 fiscal year, which ended on March 30, 2024, the Société des alcools du Québec (SAQ) reported net income of $1.428 billion, a $2 million or 0.1% increase from the preceding fiscal year. This was despite a 2.3% drop in litre sales.
Results in brief
A $1.428 billion dividend will be remitted to the Quebec government. To this amount are added taxes and other duties, for a total contribution to the Quebec Treasury of $2.174 billion. An amount of $518.5 million is also intended for the federal government, for a total amount of $2.693 billion in government revenue.
Volume sales ended the year at 223 million litres, a 2.3% decrease.
Dollar …