11:10 AM EST - ExelTech Aerospace Inc. : reported a net loss for the fiscal year 2008, hurt by the strengthening of the Canadian dollar against the U.S dollar, despite a 9% revenue growth. Net loss for the year was $1.77 million or $0.01 per share, compared to a profit of $1.26 million or $0.01 per share in the same period last year. However, annual revenues grew 9% to $54.4 million from $49.8 million in the year-ago period. ExelTech Aerospace Inc.
shares V.XLT are trading off 2 cents at $0.15.