10:10 AM EST - Sun-Rype Products Ltd. : reported net income for the fourth quarter of $900,000 or $0.08 per share, compared to a loss of $1.6 million or $0.15 per share in the year-ago quarter. Net sales for the quarter increased 5% to $35.2 million from $33.4 million in the prior-year quarter. Separately, the company announced that it plans to acquire for cancellation a certain number of common shares in its share capital through the facilities of the Toronto Stock Exchange, in accordance with the requirements on normal course issuer bids of The Toronto Stock Exchange. Sun-Rype Products Ltd.
shares T.SRF are trading up $0.01 at $8.86.
