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jULY/AUGUST 2018 BCBusiness 77 methanex Corp. Revenue Change: 50.1% net InCome: $487.1 million net InCome Change: na Methanex is one of the world's top produc- ers and suppliers of methanol, with oces on six continents. So it's good for the com- pany that the liquid chemical has a variety of uses, from an ingredient in substances like formaldehyde to a clean-burning alternative fuel. Partly due to a methanol shortage in the Middle East, where it doesn't operate any plants, Vancouver- based Methanex posted adjusted net income of some US$400 million in ‚scal 2017, a big reversal from its US$15-million loss the previous year. Declining produc- tion in Trinidad and Tobago's gas ‚elds forced competitor Methanol Holdings Ltd., which is based in the island nation, to close two of its ‚ve plants there, allowing Methanex's two local facilities to ‹ourish. It was a big boost to the company's already lucrative South American operations. taseko mines Ltd. Revenue Change: 43.4% net InCome: $34.26 million net InCome Change: na Taseko owns 75 percent of the Gibraltar copper-molybdenum mine in the Central Interior, near Williams Lake. In 2017, the com- pany reaped the bene‚ts of focusing on those two minerals. The second-largest open-pit copper mine in Canada, Gibraltar had one of its strongest production years ever as copper prices climbed more than 30 percent compared to 2016. That was thanks to a decrease in supply—as major copper mines in Chile and Indonesia shuttered—plus rising demand from the Chinese market. Molyb denum saw an even bigger swing, gaining 50 percent in value during 2017, mostly owing to mine closures in China, the world's biggest consumer of the mineral. Lions gate entertainment Corp. Revenue Change: 33.7% net InCome: $19.22 million net InCome Change: –71.1% One of the largest movie studios in the game, Vancouver-domiciled Lions Gate moved to diversify its portfolio while still churning out box-oce hits. The purchase of the Starz network in December 2016 for US$4.4 billion paid immediate dividends as streaming ser- vice Hulu picked up a Starz title, Power, RanK ComPanY Revenue 2017 ($000) Revenue 2016 ($000) % Change 1 Polygon Family of Companies 1,385,000 580,000 138.8 2 BC housing management Commission 1,342,874 636,375 111.0 3 american hotel Income Properties ReIt LP 394,398 c 229,873 c 71.6 4 Paladin Security group Ltd. 380,100 247,700 53.5 5 methanex Corp. 3,974,550 c 2,647,519 c 50.1 6 taseko mines Ltd. 378,299 263,865 43.4 7 Lions gate entertainment Corp. 4,157,468 c 3,109,861 c 33.7 8 hardwoods Distribution Inc. 1,037,041 789,321 31.4 9 teck Resources Ltd. 12,048,000 9,300,000 29.5 10 openRoad auto group Ltd. 1,212,874 968,639 25.2 c=converted from usD at 1.2986 (2017) and 1.3248 (2016) Revenue is by fiscal year IN DeMAND as methanol was scarce in the middle East, methanex's Chile plant thrived COURTESY mETHANEx CORP. BIGGEST REVENUE GAINERS BY PERCENTAGE