1 financial results for the second quarter ended june 30 2006 2 message to shareholders montreal august tva group inc b reported net income of 13 4 million or 0 50 per diluted share compared with 14 46 corresponding 2005 this increase more than 8 in is due mainly impact redemptions by company during past year decline from result decrease operating partly offset favourable on future tax expense lower federal rate effect since 22 18 against 24 7 same s start fiscal totals 10 39 17 56 first half previous