March 8, 2012 / 2:17 PM / 6 years ago

Dorel profit rises on higher revenue

TORONTO (Reuters) - Dorel Industries Inc (DIIb.TO), a Canadian company that makes bicycles and children’s products, reported a boost in quarterly profit on Thursday, helped by higher revenue.

    Montreal-based Dorel, whose children’s products include car seats and strollers, said net income for the quarter ended December 30 rose to $27.4 million, or 85 cents a share, from $25.9 million, or 79 cents last year.

    Revenue rose 4.1 percent to $561.6 million.

    Reporting By Allison Martell

    0 : 0
    • narrow-browser-and-phone
    • medium-browser-and-portrait-tablet
    • landscape-tablet
    • medium-wide-browser
    • wide-browser-and-larger
    • medium-browser-and-landscape-tablet
    • medium-wide-browser-and-larger
    • above-phone
    • portrait-tablet-and-above
    • above-portrait-tablet
    • landscape-tablet-and-above
    • landscape-tablet-and-medium-wide-browser
    • portrait-tablet-and-below
    • landscape-tablet-and-below