10:13 AM EST - Mega Brands Inc. : has ended a 22-year streak of sales growth and profitability with a 2007 net loss of US$97.1 million. Mega Brands, reporting in US dollars, said Monday the ''difficult'' year included a decline in sales to $524.5 million from $547.3 million, along with $113 million in one-time charges and other items. The net loss was $2.82 per share, compared with 2006 earnings of $25.3 million or 74 cents per share. Mega Brands Inc.
shares T.MB are trading off 42 cents at $4.64.
