09:49 AM EST - ProSep Inc. : announced its financial results for 2011. All amounts are reported in Canadian dollars unless otherwise stated. Revenues for the year ended December 31, 2011 were $33.7 million, down 3% from $34.7 million, on lower backlog entering 2011. Recent contract awards indicate significant revenue growth can be expected in 2012. Loss for the year amounted to $15.1 million ($0.07 per share), compared to a loss of $4.3 million ($0.02 per share) in 2010. ProSep Inc.
shares T.PRP are trading down $0.025 at $0.09.
