Aimia reports second-quarter profit as post-Aeroplan transformation continues

MONTREAL -- Aimia Inc. earned $43.5 million in its latest quarter, boosted by gains related to investments, as it worked to transform itself following the sale of its flagship Aeroplan program earlier this year.

The loyalty rewards company says the profit amounted to 29 cents per share for the quarter ended June 30, compared with a profit of $11.1 million or four cents per share a year ago.

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