March 11, 2008 / 1:46 PM / 10 years ago

Dorel reports higher fourth-quarter profit

TORONTO (Reuters) - Dorel Industries Inc DIIb.TO reported a bigger fourth-quarter profit largely due to higher revenues, the Canadian consumer products company said on Tuesday.

Dorel, which makes products for children, home furnishing and recreation, said net earnings grew to $22.3 million or 67 cents per share, from $21.7 million, or 66 cents per share, in the same period last year.

($1=$0.99 Canadian)

Reporting by John McCrank; Editing by Renato Andrade

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