February 7, 2018 / 9:10 PM / 7 months ago

Twenty-First Century Fox profit more than doubles on tax gain

Feb 7 (Reuters) - Rupert Murdoch-controlled Twenty-First Century Fox Inc reported on Wednesday quarterly profit that more than doubled, helped by a $1.34 billion gain from the recent changes to the U.S. tax law.

Net income attributable to shareholders increased to $1.83 billion, or 99 cents per share, in the second quarter ended Dec. 31, from $856 million, or 46 cents per share, a year earlier. (21.cf/2siO7g9)

Revenue rose 4.6 percent to $8.04 billion. (Reporting by Munsif Vengattil in Bengaluru; Editing by Sriraj Kalluvila)

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