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CVTech Group Inc.

10:29 AM EST - CVTech Group Inc. : reported third-quarter profit, which more than doubled as revenues increased 36% from last year. Third-quarter net earnings were $2.81 million or $0.05 per share, compared to $1.06 million or $0.02 per share in the year-ago quarter. Revenues for the quarter increased 36% to $41.18 million from $30.37 million last year. CVTech Group Inc. shares T.CVT are trading up 16 cents at $1.05.