Pacific Lighting’s profit increased 23.8%to $61.4 million...
Pacific Lighting’s profit increased 23.8%to $61.4 million in the second quarter, reflecting the acquisition last year of Thrifty, which owns Thrifty drugstores and three sporting goods operations, Big 5 in Los Angeles, MC Sporting Goods in Grand Rapids, Mich., and Garth Bros. in Denver. The Los Angeles-based company said operating income from its main subsidiary, Southern California Gas Co., the nation’s largest natural gas distributor, dropped by 13%.
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