Increase in Sales Pushes Up Eldorado Gold’s Q4 Profits

Reuters reported that Eldorado Gold Corp.’s (TSX:ELD,NYSE:EGO) fourth-quarter profits increased as a result of an uptick in sales offsetting a rise in costs.

As quoted in the market news:

Net earnings rose to $115 million, or 16 cents a share, in the fourth quarter, ended Dec 31. That compared with $88.8 million, or 16 cents, a year earlier.

To view the whole Reuters report, click here.