12:03 PM EST - Foremost Income Fund : reported financial results for the fourth quarter and year ended December 31, 2006. Consolidated revenue for the fourth quarter was $79.7 million compared to $67.6 million last year, a 17.9% increase. The gross profit increased to $21.2 million from $15.9 million in 2005 representing an increase of 33.3%. Net income was $13.5 million as compared to $10.3 million, or an increase of 31.1%. Foremost Income Fund
units T.FMO.UN are trading up 1 cent at $17.00.
