Tuesday, April 24, 2007

UPDATE 1-Higher output swells Petro-Canada's profit

(Reuters) - Net earnings from continuing operations rose to C$590 million , or C$1.19 a share, from C$54 million, or 11 Canadian cents a share, a year earlier.

Excluding gains and losses related to currency translation, asset sales and derivative contracts, the company earned C$580 million, or C$1.17 a share, up from C$486 million, or 95 Canadian cents a share a year earlier.


Read more at Reuters.com Market News

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