Wings Magazine

News
ExelTech Profits in Q2 Rise to $357,000 from $183,000

Nov. 14, 2007, Montreal, Que. - ExelTech Aerospace Inc. reports its net profit nearly doubled in the fiscal second quarter to  $357,000 from $183,000 last year.


November 14, 2007
By The Canadian Press

Nov. 14, 2007, Montreal, Que. – ExelTech Aerospace Inc. (TSXV: XLT), a Montreal-based
provider of aircraft maintenance, repair and overhaul services,
reports its net profit nearly doubled in the fiscal second quarter
to  $357,000 from $183,000 last year. Revenues rose to $12.2 million
from $10.4 million, an increase of 17 per cent.