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Dorel Industries Inc.

09:49 AM EST - Dorel Industries Inc. : reported a higher profit for the second quarter, mainly driven by improved revenues. Net income for the quarter grew 41.9% to $35.13 million U.S. or $1.05 U.S. per share from $24.76 million U.S. or $0.74 U.S. per share last year. Revenues for the quarter rose 10.3% to $607.70 million U.S. from $551.12 million U.S. in the comparable quarter a year ago. Dorel Industries Inc. shares T.DII.A are trading even at $34.77.