10:10 AM EST - Dorel Industries Inc. : on Tuesday reported fourth-quarter net income of US$ 22.35 million or US$ 0.67 per share, compared to US$ 21.68 million or US$ 0.66 per share in the year-ago quarter. The company's adjusted net income dropped to US$ 23.99 million or US$ 0.72 per share from US$ 24.37 million or US$ 0.74 per share in the prior year. Quarterly revenues grew to US$ 458.85 million from US$ 447.93 million in the comparable period last year. Dorel Industries Inc.
shares T.DII.B are trading unchanged at $31.75.
