11:02 AM EST - ShawCor Ltd. : announced fourth quarter net income of $26.65 million or $0.36 per share, compared to net income of $20.6 million or $0.28 per share in the same quarter last year. Income from operations for the quarter was $26.72 million or $0.36 per share, compared to income from continuing operations of $21.8 million or $0.30 per share in the same quarter prior year. Quarterly revenues declined to $276.32 million, from $297.87 million in the year ago quarter. ShawCor Ltd.
shares T.SCL.A are trading up 51 cents at $24.16.
