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July 17, 2008

Mechanical construction contractors Lockerbie & Hole earn $5 million in first quarter

EDMONTON

Lockerbie & Hole Inc. earned $5 million in its first quarter, as revenue grew more than 50 per cent.

The mechanical construction contractors said the profit amounted to 18 cents per share in the three months ended May 31, 2008, compared with a profit of $4.9 million or 25 cents per share a year earlier when the company had fewer shares outstanding.

Contract revenue totalled $112.6 million, up from $74.3 million.

Canadian Press

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