Hanna’s profit increases 24% to 13.8 million

“Hanna’s strong first quarter performance puts us on track toward achieving our growth and earnings goals for the year,” said chairman and chief executive officer Martin Walker.

The natural resource segment of the company earned $6.2 million in the period. This division makes up 11% of Hanna’s assets. The largest division, formulated polymers, comprises 83% of the company’s asset base. The company holds a 27% interest in Iron Ore Company of Canada.

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