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Zongshen Pem Power Systems Inc T.ZPP



TSX:ZPP - Post by User

Comment by mr_speedwayon Aug 09, 2008 10:06pm
519 Views
Post# 15372039

Dorel

Dorel

Dorel Industries Inc. is betting big on bikes - and it appears to be paying off.

TheMontreal-based manufacturer of strollers, car-seats, assemble-at-homefurniture, mid-market bikes and, as of this year, high-end Cannondaleracing cycles, announced yesterday that its profit for the secondquarter of 2008 had nearly tripled year over year, to $31.3-million(U.S.) or 94 cents a share.

Dorel class B shares rose $1.10 to close at $34.10 on the Toronto Stock Exchange yesterday.


MR_S

"Better a diamond with a flaw than a pebble without." Confucius

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