Toronto — Chemtrade Logistics Income Fund saw a 38 percent uptick in net income, to C$10.6 million ($0.25 per diluted share) on revenues of $240.9 million for the third quarter ending Sept. 30, 2012, compared to the year-ago $7.7 million ($0.05 per share) and $268.5 million, respectively. EBITDA was down at $35.8 million from $45.8 million. The year-ago quarter was the first full quarter that included the results of the acquisition of Marsulex Inc. Third-quarter revenues were off due to lower sulfur and sulfuric acid volumes in the company’s International segment. Nine-month income was off at $23.6 million ($0.56 per share) on sales of $696.3 million from the year-ago $56.7 million ($1.33 per share) and $633.4 million, respectively. EBITDA was up at $106.9 million from $82.1 million.
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