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Logan Int'l Q4 Profit Falls

Logan International Inc. (LII.TO: Quote) reported fourth-quarter net earnings from continuing operations of US$1.6 million or $0.05 per share, down from last year's US$2.1 million or $0.06 per share.

Revenue for the quarter increased to US$37.3 million from US$31.8 million last year.

The company noted that it completed two acquisitions in the latest fourth quarter. The results from these acquisitions were included in the results for the quarter.

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by RTT Staff Writer

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