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News & Press: Headlines

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...

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