Kewaunee Scientific Corp. (KEQU: Quote) Tuesday reported a sharp increase in profit for the fourth quarter, due mainly to higher revenues.
The Statesville, North Carolina-based company's attributable net profit for the fourth quarter was $1.26 million or $0.49 per share, compared to $252 thousand or $0.10 per share last year.
Total revenues for the quarter grew 8 percent to $28.99 million from $26.95 million in the prior-year quarter.
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by RTT Staff Writer
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