Velan Boosts Third Quarter Earnings, Revenue Up
Monday, January 14, 2013
Velan Inc. reported Tuesday a big increase in third-quarter
profit, with the industrial valve maker crediting record sales in the period.
The company said profits attributable to subordinate and multiple
voting shares rose to $5.7 million or 26 cents per share. That was up from $4
million or 18 cents per share in the same 2011 quarter. More...