Vancouver, B.C., Canada March 28, 2011 – Clearlease.com reports Electrical power services provider CVTech Group Inc. (TSX:CVT) reports a fourth-quarter profit of $3 million reversing a year-ago loss as the company generated higher revenues.
The Quebec-based company said Monday it earned four cents a share for the three months ended Dec. 31, compared with a small loss or $25,000 or nil per share in the same quarter of 2009.
Consolidated revenues for the fourth quarter rose 13.7 per cent to $69.7 million from $61.3 million.
For the full year, net earnings more than tripled to $9.4 from $3.1 million. Annual revenues were $259.9 million, up $100.2 million or 62.8 per cent from $159.7 million in 2009.
CVTech had strong financial results “despite an economic backdrop that remained relatively difficult,” André Laramée, president and CEO of the company.
“In addition to an increased penetration of our markets, these results attest to the constant efforts of all members of the organization to optimize operating efficiency.”
CVTech is a management company whose main subsidiary provide services to the electric power industry for the maintenance of transmission and distribution lines, primarily in Quebec and the eastern United States.
Another unit specializes in control of vegetation surrounding power lines and in clearing rights of way.
DLC Clearlease offers leasing which allows you to structure a financing program that addresses your key business issues, including: cash flow, budget, transaction, and cyclical fluctuations. For example, some heavy equipment operators request seasonal leases, which allow them to schedule their payments during their busiest months.
Furthermore, financing your equipment from DLC Clearlease guarantees an affordable plan to suit your business equipment needs with less out-of-pocket expenditures, spreading your payments across a manageable period of time. Reserve your capital for other expenses by leasing your equipment from us and save resources, time, value, and straight capital, too. A lease is not considered a long-term debt or liability, so it does not appear as debt on your financial statement, making you more attractive to traditional lenders when you need them.
DLC Clearlease currently has the following employment opportunities available: http://clearlease.com/Career-Opportunities.html
About DLC Clearlease
Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouver, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers, DLC Clearlease is a free service that can qualify you for an automobile or equipment lease finance. You save time and effort by giving DLC Clearlease.com your information just once; DLC Clearlease has partnered with over 100 lenders to offer you the best rates and service, comparable to none. We offer a simple application process available at http://clearlease.com/How-to-Apply.html . You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.
Contact DLC Clearlease.com:
Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. Pidgeon, Editor
Tel: (604) 696-1221 ext. 177
eMail: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
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Vancouver, B.C., Canada March 28, 2011 – Clearlease.com reports Electrical power services provider CVTech Group Inc. (TSX:CVT) reports a fourth-quarter profit of $3 million reversing a year-ago loss as the company generated higher revenues.
The Quebec-based company said Monday it earned four cents a share for the three months ended Dec. 31, compared with a small loss or $25,000 or nil per share in the same quarter of 2009.
Consolidated revenues for the fourth quarter rose 13.7 per cent to $69.7 million from $61.3 million.
For the full year, net earnings more than tripled to $9.4 from $3.1 million. Annual revenues were $259.9 million, up $100.2 million or 62.8 per cent from $159.7 million in 2009.
CVTech had strong financial results “despite an economic backdrop that remained relatively difficult,” André Laramée, president and CEO of the company.
“In addition to an increased penetration of our markets, these results attest to the constant efforts of all members of the organization to optimize operating efficiency.”
CVTech is a management company whose main subsidiary provide services to the electric power industry for the maintenance of transmission and distribution lines, primarily in Quebec and the eastern United States.
Another unit specializes in control of vegetation surrounding power lines and in clearing rights of way.
DLC Clearlease offers leasing which allows you to structure a financing program that addresses your key business issues, including: cash flow, budget, transaction, and cyclical fluctuations. For example, some heavy equipment operators request seasonal leases, which allow them to schedule their payments during their busiest months.
Furthermore, financing your equipment from DLC Clearlease guarantees an affordable plan to suit your business equipment needs with less out-of-pocket expenditures, spreading your payments across a manageable period of time. Reserve your capital for other expenses by leasing your equipment from us and save resources, time, value, and straight capital, too. A lease is not considered a long-term debt or liability, so it does not appear as debt on your financial statement, making you more attractive to traditional lenders when you need them.
DLC Clearlease currently has the following employment opportunities available: http://clearlease.com/Career-Opportunities.html
About DLC Clearlease
Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouver, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers, DLC Clearlease is a free service that can qualify you for an automobile or equipment lease finance. You save time and effort by giving DLC Clearlease.com your information just once; DLC Clearlease has partnered with over 100 lenders to offer you the best rates and service, comparable to none. We offer a simple application process available at http://clearlease.com/How-to-Apply.html . You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.
Contact DLC Clearlease.com:
Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. Pidgeon, Editor
Tel: (604) 696-1221 ext. 177
eMail: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
###
Vancouver, B.C., Canada March 28, 2011 – Clearlease.com reports Electrical power services provider CVTech Group Inc. (TSX:CVT) reports a fourth-quarter profit of $3 million reversing a year-ago loss as the company generated higher revenues.
The Quebec-based company said Monday it earned four cents a share for the three months ended Dec. 31, compared with a small loss or $25,000 or nil per share in the same quarter of 2009.
Consolidated revenues for the fourth quarter rose 13.7 per cent to $69.7 million from $61.3 million.
For the full year, net earnings more than tripled to $9.4 from $3.1 million. Annual revenues were $259.9 million, up $100.2 million or 62.8 per cent from $159.7 million in 2009.
CVTech had strong financial results “despite an economic backdrop that remained relatively difficult,” André Laramée, president and CEO of the company.
“In addition to an increased penetration of our markets, these results attest to the constant efforts of all members of the organization to optimize operating efficiency.”
CVTech is a management company whose main subsidiary provide services to the electric power industry for the maintenance of transmission and distribution lines, primarily in Quebec and the eastern United States.
Another unit specializes in control of vegetation surrounding power lines and in clearing rights of way.
DLC Clearlease offers leasing which allows you to structure a financing program that addresses your key business issues, including: cash flow, budget, transaction, and cyclical fluctuations. For example, some heavy equipment operators request seasonal leases, which allow them to schedule their payments during their busiest months.
Furthermore, financing your equipment from DLC Clearlease guarantees an affordable plan to suit your business equipment needs with less out-of-pocket expenditures, spreading your payments across a manageable period of time. Reserve your capital for other expenses by leasing your equipment from us and save resources, time, value, and straight capital, too. A lease is not considered a long-term debt or liability, so it does not appear as debt on your financial statement, making you more attractive to traditional lenders when you need them.
DLC Clearlease currently has the following employment opportunities available: http://clearlease.com/Career-Opportunities.html
About DLC Clearlease
Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouver, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers, DLC Clearlease is a free service that can qualify you for an automobile or equipment lease finance. You save time and effort by giving DLC Clearlease.com your information just once; DLC Clearlease has partnered with over 100 lenders to offer you the best rates and service, comparable to none. We offer a simple application process available at http://clearlease.com/How-to-Apply.html . You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.
Contact DLC Clearlease.com:
Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. Pidgeon, Editor
Tel: (604) 696-1221 ext. 177
eMail: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
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