February 21, 2008 / 1:42 PM / 10 years ago

Goldcorp fourth-quarter profit soars higher

OTTAWA, Feb 21 (Reuters) - Fourth-quarter profit at Goldcorp Inc (G.TO) (GG.N) nearly quadrupled, Canada’s No. 2 gold producer said on Thursday, as higher gold prices and increased production more than offset rising costs.

The company said earnings rose to $256.5 million, or 36 cents per share, from $66 million, or 11 cents per share, in the same period a year earlier.

Adjusted earnings rose to $178.5 million, or 25 cents a share, from $113.5 million, or 19 cents per share.

    $1=$1.01 Canadian Reporting by Susan Taylor; Editing by Scott Anderson

    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