 |
|
Oilweek Magazine
|
 |
Oilweek subscribers can click on the cover to access their full-version digital copy of the current edition of the magazine.
|
|
| |
| Subscribe Now! |
| |
 |
|
| |
Click here to view a free sample digital edition of Oilweek magazine. As a paid subscriber, all issues of the magazine, including back issues, are online for you to read, search, and reference. |
|
|
| |
|
|
|
|
Latest Headlines
|
|
|
May 5, 2009 7:15:00 PM MST
WaterFurnace reports quarterly profit of US$830,000, down from year ago (WaterFurnace)
|
|
FORT WAYNE, Ind. _ WaterFurnace Renewable Energy Inc. (TSX:WFI) increased its quarterly divided Tuesday as it reported a sharp in earnings.
The company said it would increase its quarterly dividend by a penny to 19 cents per share starting with its June payment.
WaterFurnace, which keeps its books in U.S. dollars, said Tuesday it earned US$830,000 or seven cents per diluted share for the three months ended March 31 compared with a profit of $1.6 million or 13 cents per diluted share a year ago.
The company attributed the in earnings to higher operating costs.
Revenue for the quarter totalled $23.7 million, compared with $23.8 million.
Shares in the company, which reported its results after the close of markets, were up 16 cents at $23.87 on the Toronto Stock Exchange on Tuesday.
|
|
|
|
|
|
|
