Valener Inc. announced earnings results for the second quarter and six months ended March 31, 2018. For the quarter, the company reported net income was $35 million against $32.6 million a year ago. Net income attributable to common shareholders was $33.9 million against $31.5 million a year ago. Adjusted net income attributable to common shareholders was $33.9 million against $32.9 million a year ago. Per common share was $0.87 million against $0.85 million a year ago. Normalized operating cash flows was $14 million against $11.3 million a year ago. Cash flows related to operating activities was $15.1 million against $12.4 million a year ago. For the six months, the company reported net income was $49.4 million against $56.7 million a year ago. Net income attributable to common shareholders was $47.1 million against $54.5 million a year ago. Adjusted net income attributable to common shareholders was $53.9 million against $53.2 million a year ago. Per common share was $1.38 million against $1.37 million a year ago. Normalized operating cash flows was $25.3 million against $23.5 million a year ago. Cash flows related to operating activities was $27.5 million against $25.7 million a year ago.