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Logan Int'l Q4 Profit Falls

Logan International Inc. (LII.TO) 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.

by RTT Staff Writer

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