Brick Brewing Co. has posted a rise in Q1 profits. The Canadian brewer said yesterday (7 June) that profits leapt to C$752,000 (US$604,000) in the three-month period to 30 April, compared to C$149,000 in the corresponding period a year earlier.

Sales revenue was also up, to C$7m from C$4m, thanks mainly to growth in the discount and mainstream beer brands.

In a statement, executive chairman and founder Jim Brickman said: "We are delighted to report that our sales momentum continues into our new fiscal year at a record pace.

"What is even more gratifying, is we accomplished this under extremely competitive pricing conditions and during a historically softer selling period."

Diluted earnings for the quarter rose to C$0.03 per share from C$0.01 a year earlier.